Update – Innovative Resources Tenures Framework, Queensland

On 12 October 2015, Herbert Smith Freehills attended the Queensland Department of Natural Resources & Mines workshop on the Innovative Resources Tenures Framework in Brisbane.The purpose of the workshop was to discuss the Policy Position Paper, which was released in… Read more

Mining and petroleum tenure reform in Queensland

Material changes are proposed to the tenures under which minerals and petroleum are explored for in Queensland. The Department of Natural Resources and Mines recently released a policy position paper titled ‘Innovative resources tenures framework’ (Reform Policy). Consultation with the… Read more

BCIPA Amendments

On 9 April Tim Mander, the Minister for Housing and Public Works, released a media statement on the proposed amendments to the Building and Construction Industry Payment Act 2004 (Qld) (Amendments). The Amendments are intended to improve the process of… Read more

Qld: Government releases Galilee Basin Development Strategy

On 7 November 2013, the Queensland Premier, Campbell Newman, released the Galilee Basin Development Strategy (Strategy). The Strategy acknowledges the long-term economic benefits that opening up the Galilee Basin to mining would bring to Queensland and is designed to support… Read more

2013 Budget – Changes affecting the mining sector

The Federal Government’s 2013-2014 Budget (the Budget) contains a number of changes to existing tax rules some of which are expected to have adverse implications on the mining sector.Changes to accelerated tax depreciation arrangementsThe Federal Government announced immediate changes to… Read more

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… Read more

Mining reforms introduced into QLD parliament

The Queensland Government has introduced legislation to give effect to the introduction of competitive tendering for coal, petroleum and gas areas, and the development of the Aurukun bauxite resource on Cape York.The Queensland government announced on 9 October 2012 that… Read more

Uranium ban overturned, but production is years away

The Queensland Government has announced that it will assemble a three member committee to oversee the reintroduction of uranium mining in Queensland.Despite Australia boasting 31% of the world’s total minable uranium, uranium mining has been banned or contrary to government… Read more

Streamlining Act receives assent!

Further to our recent blog, 10 August, the Queensland Government has taken a significant step towards its commitment to cut red tape for the resources sector by passing the Mines Legislation (Streamlining) Amendment Act 2012 (Qld) (Streamlining Act). The Streamlining… Read more

Are you prepared for the new Streamlining Bill?

Companies operating in the Queensland energy and resources sector should prepare themselves for the commencement of these new laws and seek specific advice on the effect of these changes.On 2 August 2012 the Queensland Parliament introduced the Mines Legislation (Streamlining)… Read more

Wiggins Island – something to be celebrated

As a person who spends a large amount of their time dealing with mining infrastructure, the rate of structural reform and progress in the area can be frustrating.  The Wiggins Island port project is however something to be celebrated.It should… Read more