MARKETS

New laws cut Qld approvals process

MINING lease applications approvals will be cut by up to six weeks in Queensland under new legisl...

Angie Tomlinson
New laws cut Qld approvals process

Parliament passed amendments under the 1989 Mineral Resources Act to streamline new mining projects.

"The amendments remove a mandatory requirement for the Land Court to assess mining lease applications, even where no objections to the application have been lodged," Mines and Energy Minister Stephen Robertson said.

"The aim is to avoid unnecessary delays in the regulatory approvals stage for mining and petroleum projects and help get these key drivers of the economy off the ground."

The time taken to grant a mining lease depends on a number of assessment requirements, including native title, environmental, resource use and compensation considerations.

Timing can also depend on whether any objections have been lodged and the time taken for applicants to lodge appropriate rent and security.

Robertson said another new initiative would be case managers appointed to guide the mining applicants through the approvals process and to keep track of progress.

"These streamlining initiatives will deliver greater transparency and certainty for industry; and ultimately expedite the approvals process," he said.

"This will significantly reduce the burden on companies and the government.

"In the current economic climate, delays in obtaining required approvals can cause inconvenience and expense to companies that are ready to get on the ground and start development activities."

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

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

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