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 a new competitive cash bidding process would apply to companies seeking the right to … Read more

Mining blog recap for 2012

2012 saw the merger between Herbert Smith and Freehills, creating one of the world’s most experienced energy and resources firms. As it draws to a close, we pause to reflect on some of the key developments in the mining industry. This year we saw several regulatory and legislative changes take place in the mining sector: … Read more

Right to negotiate and other native title reform

Native Title Act reform On 20 September 2012, the Commonwealth Government released, for comment, the exposure draft of the Native Title Amendment Bill 2012 (Bill). The Bill proposes substantive amendments to the Native Title Act 1993 (Cth) (NTA) and, if passed, may have a direct impact on proponents establishing or operating mining, energy and infrastructure … Read more

The Australian Resources Economy – the glass is still “half full”

This morning saw the 36th Annual National AMPLA Conference in Brisbane officially kick off with key note address from Chris Richardson of Deloitte Access Economics, providing an overall insight into the complexities of the Australian resources supply/demand economy and external influencing factors, as well as a general overview as to the significance of the resources … Read more

Productivity Commission announces inquiry into mineral and energy resource exploration

The Productivity Commission (Commission) has announced a 12 month inquiry into the non financial barriers to mineral and energy resource exploration. The inquiry was established on the recommendation of the Policy Transition Group, which noted that ‘a range of approvals are required before exploration can begin, including land access, native title, indigenous and non-indigenous heritage, … Read more

Another phase of the Streamlining Act rolled out

The latest phase in the slow roll out of the Mines Legislation (Streamlining) Amendment Act 2012, which was passed by State Parliament in August 2012, began last week, though it is not known when the remainder of the legislation will commence. However given the extent of modification to the existing tenure administration regime, particularly in … 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 policy for the better part of 30 years in most states. In Queensland, uranium … Read more

State approves Western Australia’s first uranium mine

Western Australian Environment Minister Bill Marmion has granted approval for Toro Energy to proceed with the State’s first uranium mine to be developed, four years after the Liberal government lifted a ban imposed by Labor. The project is based at the Centipede and Lake Way deposits near Wiluna in the State’s Mid-West, processing approximately 820 … Read more