Tenement types

Tenement type rules

Per-jurisdiction tenement types with term, renewal, expenditure, reporting and rent rules.5 types

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Vic(5)
  • EL

    Exploration Licence

    Explorationarea: hectares
    Term:
    Up to 5 years, renewable twice (up to 3 terms total).
    Renewal:
    Renewal application before expiry; no mining permitted under an EL.
    Expenditure:
    Per Resources Victoria's reporting and expenditure compliance guide.
    Reporting:
    Annual report.
    Rent basis:
    Annual, per hectare.

    source: Mineral Resources (Sustainable Development) Act 1990 (VIC)

  • PL

    Prospecting Licence

    Explorationarea: hectares
    Term:
    Smaller-scale, non-exclusive.
    Renewal:
    Unverified.
    Expenditure:
    Minimal — small-scale prospecting.
    Reporting:
    Annual report.
    Rent basis:
    Annual.

    source: Mineral Resources (Sustainable Development) Act 1990 (VIC)

  • RL

    Retention Licence

    Explorationarea: hectares
    Term:
    For an identified but not-yet-commercial resource.
    Renewal:
    Unverified.
    Expenditure:
    Reduced relative to an EL.
    Reporting:
    Annual report.
    Rent basis:
    Annual.

    source: Mineral Resources (Sustainable Development) Act 1990 (VIC)

  • MIN

    Mining Licence

    Productionarea: hectares
    Term:
    Set at grant.
    Renewal:
    Requires planning approval and an approved work plan before grant.
    Expenditure:
    Rehabilitation bond required before work starts.
    Reporting:
    Annual report.
    Rent basis:
    Annual, per hectare.

    source: Mineral Resources (Sustainable Development) Act 1990 (VIC)

  • WA

    Work Authority

    Productionarea: hectares
    Term:
    Set at grant.
    Renewal:
    Unverified.
    Expenditure:
    Rehabilitation bond (standard rate ~$4,000/ha for small/low-risk quarries).
    Reporting:
    Annual report.
    Rent basis:
    Annual.

    source: Mineral Resources (Sustainable Development) Act 1990 (VIC)