5 April 2022
Territory mineral explorers can now access a new guide designed to make exploration simpler and more attractive to investors.
The new Guide for Mineral Exploration assists with the process of applying for an exploration licence and with operational requirements after a licence has been granted.
The guide will be a useful tool to assist new explorers and will help all parties understand their rights, obligations and their mutual responsibility in complying with legislative requirements in the Territory.
The guide is designed to complement the ‘Code of Conduct for mineral explorers in the Northern Territory’ and together, provides a sound basis for explorers to undertake their activities, whilst having regard for landowner’s rights.
The Mineral Titles Act 2010 (NT), Mineral Titles Regulations 2011 and Mining Management Act 2001 (NT) provide the legislative basis for industry to carry out appropriate mineral resource exploration and exploitation.
To obtain a valid grant of an exploration licence, each application must also be processed in accordance with these legislative requirements, as well as the relevant requirements of the Native Title Act 1993 (Cth) or the Aboriginal Land Rights (NT) Act 1976 (Cth).
To access the guide visit here
Quotes from Minister for Mining and Industry, Nicole Manison
“A strong exploration sector is critical to growing our economy, creating local jobs and ensuring the future of the Territory resources sector.”
“We want to support this sector in every way we can, and this new Guide is designed to provide explorers with a straightforward overview of the Territory’s legislative requirements and other key matters that need to be considered.”
“During 2021, 444 new applications for mineral exploration licences were received. This was the most applications received in any year since 2009. And this is a 255% increase from the previous year.”
‘The Territory Labor Government has been investing strongly in attracting and supporting mineral exploration though a range of geoscience and grants programs under our multi-million dollar Resourcing the Territory initiative.”
Quotes from Cathryn Tilmouth NT Executive Director Minerals Council of Australia NT
“As interest in exploration in the Territory increases, the provision of clear guidance and informing operators about how to navigate processes will go a long way in providing prospective investors to the Territory with the understanding they need to do business here.”
Quotes from Warren Pearce, Chief Executive Officer Association of Mining and Exploration Companies
“AMEC welcomes the Guide as a useful broad introduction to the many touch points a new entrant to the Northern Territory must consider.”
