Tenement types

Tenement type rules

Per-jurisdiction tenement types with term, renewal, expenditure, reporting and rent rules.4 types

All au-act au-cth au-nsw au-nt au-qld au-sa au-tas au-vic au-wa nz pg

NSW(4)

AL
Assessment Lease
Explorationarea: unit
Term:
Up to 6 years, renewable.
Renewal:
Granted to an EL holder at an advanced exploration stage.
Expenditure:
As for EL.
Reporting:
Same reporting regime as EL.
Rent basis:
Annual.
source: Mining Act 1992 (NSW) No 29
EL
Exploration Licence
Explorationarea: unit (16 ha)
Term:
Up to 6 years, renewable.
Renewal:
Renewal application before expiry.
Expenditure:
Minimum expenditure commitment per unit of area, per year.
Reporting:
Applications after 1 July 2016: Annual Report + data. Applications before 1 July 2016: Environmental Management Report / Environmental & Rehabilitation Report / Compliance & Rehabilitation Report, depending on the title. All titles: partial-relinquishment report on partial surrender; final report on full surrender/expiry.
Rent basis:
Annual, indexed (exact current per-unit rate unverified).
source: Mining Act 1992 (NSW) No 29
MC
Mineral Claim
Productionarea: hectares
Term:
Traditional opal-field claim (Lightning Ridge/White Cliffs/Grawin etc); exact current size unverified.
Renewal:
Renewal application must be lodged on or within 2 months before expiry (ss194, 197-199A); transfer does not reset the expiry clock.
Expenditure:
N/A — small-scale opal claim.
Reporting:
As required by claim conditions.
Rent basis:
Annual.
source: Mining Act 1992 (NSW) No 29
ML
Mining Lease
Productionarea: hectares
Term:
Commonly negotiated (example seen: 21 years).
Renewal:
Renewable subject to conditions.
Expenditure:
Production conditions attach at grant.
Reporting:
Annual report.
Rent basis:
Annual, per hectare.
source: Mining Act 1992 (NSW) No 29