Resources

Forrest & Forrest v Wilson – consequences for mining lease applicants

As we previously reported1, a consequence of the High Court of Australia’s decision in Forrest & Forrest Pty Ltd  v Wilson2 is unexpected and unhelpful uncertainty regarding the validity of the grant of certain mining leases in Western Australia. The … Continue reading

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Filed under Australia, Department of Mines and Petroleum, Herbert Smith Freehill Mining, Herbert Smith Freehills, Mining, Natural resources, Resources, State Government, Western Australia

Federal Government Announces Junior Mineral Exploration Tax Credit

On 2 September 2017, the Government announced a welcome new four-year $100 million Junior Mineral Exploration Tax Credit (JMETC) following the expiry of the existing Exploration Development Incentive (EDI) exploration credit regime. The JMETC will commence this 2017-18 financial year. … Continue reading

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Filed under Australia, Energy, Mining, Mining Infrastructure, Regulation, Resources

High Court applies strict compliance test under the Mining Act 1978 (WA) and raises doubts regarding tenement validity –remedial legislative response required

In its recent decision in Forrest & Forrest v Wilson [2017] HCA 30, the High Court held that a failure to strictly comply with the technical lodgements requirements of the Mining Act 1978 (WA) (Mining Act) invalidated a decision of … Continue reading

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Filed under Australia, Energy, Mining, Mining Infrastructure, Regulation, Resources, Western Australia

Queensland’s mining sector set to experience significant changes to financial assurance and rehabilitation requirements with proposed reforms

Mining projects in Queensland typically require financial assurance (FA), a form of financial security/bonding provided to the Government to cover costs associated with environmental harm and rehabilitation, should the project not comply with environmental obligations. In 2016, an independent review … Continue reading

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Filed under Australia, Energy, Mining, Queensland, Resources

High Court reconfirms object commercial purpose test for construction of contracts

This is a summary of a High Court decision made in the case of Ecosse Property Holdings Pty Ltd v Dee Gee Nominees Pty Ltd [2017] HCA 12 in dispute of a contract that restricted the sale and purchase due … Continue reading

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Filed under Australia, Energy, Mining, Mining Infrastructure, Queensland, Resources

Argentina seeks to double investment in mining sector

The Argentina government is working on a bill to establish a federal mining agreement to harmonise all existing legislation across the different provinces and with the federal government. After a year of intensive negotiations with the different provinces, the Argentine … Continue reading

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Filed under Mining Infrastructure, Regulation, Resources, Uncategorized

Women in Resources Victoria Event – Panel discussion examining the competitiveness of the Australian resources industry

On 17 July 2014, Women in Resources Victoria held a panel discussion examining the competitiveness of the Australian resources industry.  The event was very well attended and topical in light of recent industry and media discussion of the current challenges … Continue reading

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Filed under Investment, Resources

Victoria to raise the bar for mining exemptions

The Victorian Minister for Energy and Resources recently introduced the Mineral Resources (Sustainable Development) Amendment Bill 2013 (Vic) (the Amendment Bill) into the Victorian Parliament. The Amendment Bill, if passed, will likely make it more difficult for land to be … Continue reading

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Filed under Energy, Mineral Resources, Mining, Mining Infrastructure, mining leases, Resources, Victoria

NSW streamlines standard mining lease conditions

On 17 October 2013, the NSW Resources and Energy Minister Chris Hartcher announced significant amendments to the standard conditions for mining leases to reduce regulatory duplication. The amendments will result in the removal of conditions that that seek to address … Continue reading

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Filed under Energy, Mining Infrastructure, mining leases, New South Wales, Power, Resources

Queensland lifts ban on shale oil mining

Yesterday the Newman Government announced a new oil shale policy that it will allow the development of a commercial shale industry in Queensland but leaves in place the existing 20 year moratorium suspending development of the McFarlane oil shale deposit … Continue reading

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Filed under Energy, oil, Petroleum, Proserpine, Queensland, Resources, shale, Yarwun