Who can apply for an exploration licence or mining lease?
Applications may be made by anyone over the age of 18 years or by a registered body (i.e. registered company or incorporated association).
Prior to the granting of a tenement the applicant must satisfy the Minister for Mines that they:
- are a fit and proper person to hold the tenement;
- intend to comply with the Act;
- have an appropriate program of work;
- are likely to have the financial and technical capacity to complete the proposed work;
- have provided a copy of current public liability insurance policy; and
- have provided the security deposit(s) recommended by the Director of Mines.