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Exploration Licence Requirements for Renewal

Mineral Resources (Sustainable Development) Act 1990, section 29
Mineral Resources Development Regulations 2002, regulation 22

Renewal Application

A renewal application should be made in the form set out in the renewal application - Schedule 10 and must be accompanied by the relevant fee.

The renewal application should be lodged before the licence expires. The licence continues in operation until the renewal is granted and registered, or refused.

The application must also include a program of work that describes the geological rationale behind the work program and should be focused on target testing and resource delineation. The program of work submitted with the licence renewal application describing the work which will be undertaken must be completed and can only be varied with agreement of the Minister.

The transitional provisions applying to existing exploration licences relate to the limits on renewals and further relinquishment requirements.

The new relinquishment requirements (reducing the licence area by 20% of the original licence area at the end of year 7 and 10% at the end of year 10) will apply on renewal of the licence, as applicable.

Please refer to the Exploration Licences Guidelines and the Transitional arrangements for existing exploration and mining licences-Fact Sheet

The renewal application must be received at the following address before the licence expires:

Earth Resources Business Centre
Level 16
1 Spring Street
Melbourne VIC 3000

Reporting and Assessment

Expenditure & Activities returns - schedule 14; and Technical reports - schedule 16 are important inputs into the assessment of a renewal application for an exploration licence . Renewal applications may be recommended for refusal if there is inadequate information to support renewal.

Please note:

All reports must be submitted by the required date. Failure to submit reports represents a breach of the Regulations and may incur an infringement.