Queensland
Legislation
- Mineral Resources Act 1989 (as amended)
- Environmental Protection Act 1994 (as amended)
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
| Regulatory Risk Rating Factors | Risk Level |
|---|---|
| First Come / First Serve | Subscribe |
| Application Criteria | Subscribe |
| Duration | Subscribe |
| Right to Renew | Subscribe |
| Competing Licences | Subscribe |
| Mineral Coverage | Subscribe |
| Right to Mine | Subscribe |
| Criteria for Mining Rights | Subscribe |
| Tenure | Subscribe |
| Surface Rights | Subscribe |
| Government Take | Subscribe |
| Transfer Rights | Subscribe |
| Change of Control | Subscribe |
| EIA Process | Subscribe |
| Power to Revoke | Subscribe |
| Age of Legislation | Subscribe |
| Other Factors | Subscribe |
Legal risk in Queensland may well be mitigated by custom, which is likely to overcome, in part, the considerable levels of ministerial discretion that are ever present throughout Australian mineral laws. Whilst the legal risk rating has to reflect what the State ‘can’ do, rather than what it ‘will’ do, the level of freedom afforded to the Minister under Queensland’s mineral legislation has the potential, at any time, to frustrate or impact the progression of a particular project. Providing companies can deal with the complex regulatory burden through an experienced legal team they will likely achieve success, assuming, of course, that the State remains on the side of the industry.
Contents
Legislation
- Mineral Resources Act 1989 (as amended)
- Environmental Protection Act 1994 (as amended)
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
Overview
Queensland is one of the leading mining states in Australia and its resources sector has been a key driver of economic growth over the last twenty years. Mining activity is responsible for around 12% of the economy and employs close to half a million people. The State is recognised as being particularly resource rich. It is a major global coal producer and is home to a large number of Australia’s coal mines. It is also one of the largest suppliers of silver in the world, home to one of the largest bauxite mines in the world (Weipa mine) and is Australia’s top producer of base metals. In recent years, the State has also focused on its ability to provide critical minerals, with minerals such as cobalt, rare earths, copper, zinc and aluminium being the subject of mining and exploration activities. BHP, Rio Tinto and Anglo American all have operations in Queensland.
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