MARKETS

Qld cuts red tape, allows coal mines to use own gas

THE Queensland government has given a boost to its coal and resources industry by introducing leg...

Lou Caruana

He said the new legislation also enabled coal mining companies to make more effective use of incidental gas extracted as a result of coal mining operations, which would result in lower-cost coal production.

The Mineral and Energy Resources (Common Provisions) Bill 2014 has addressed issues including overlapping coal mining and coal seam gas tenures, and gas emissions from legacy exploration bores.

“[The Bill] delivers the first stage of our Modernising Queensland’s Resources Acts initiative, which involves phased development of a single, common resources Act for the mining, petroleum and gas, greenhouse gas storage, and geothermal energy sectors,” Cripps said.

“This is a major component of delivering the Queensland Government’s commitment to support the resources sector by removing red tape and regulation.

“These initiatives reaffirm the Newman government’s commitment to support a strong resources sector, including small scale alluvial miners, by cutting red tape and costs through streamlined regulatory processes.”

It also delivers key land access reforms that will provide greater certainty for landholders and resource companies about their rights and obligations when undertaking resource activities.

Cripps said the Bill proposed a consistent framework across all resources types to provide landholders and resource companies with greater clarity about their rights and obligations for gaining access to private land near residences and other infrastructure.

“It also provides greater certainty about assessment timeframes and reduces costs for small scale alluvial miners and the broader mining sector.”

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production