History of Company Name
In 1871, a bullock wagon delivering barrels of rum to construction gangs became bogged in jungle terrain near the headwaters of the Finniss River, 65 km south of what is now Darwin, the capital of the Northern Territory. The crew unhooked the bullocks from the wagon and after becoming thirsty in the Top End heat, proceeded to drink the wagon-load of rum in a week-long party until they were rescued. The area then became known as “Rum Jungle”.
A couple of years earlier, in 1869 the government surveyor George Goyder came across a green mineral in the area which was noted in his log but not identified. It was not until 1949, that a local prospector, Jack White rediscovered the green mineral which was identified as torbernite. Rum Jungle became the site of the first uranium discovery in the Northern Territory and Jack White was given a $50 000 reward. The Whites Mine was developed on the site and produced uranium, copper and lead between 1950 and 1958.
The company took its name from this first discovery of uranium. Originally called "Rum Jungle Uranium Ltd", the company changed its name to "Rum Jungle Resources Ltd" in December 2010.
