Victoria
Regulatory Risk Rating
Moderate
Regulatory Risk
Regulatory Risk
Regulatory Corruption Risk
Very High
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Low
Corruption Exposure Risk
Corruption Exposure Risk
Regulatory Risk Rating Factors | Risk Level |
---|---|
1st Come / 1st Serve | Subscribe |
Application Critiera | Subscribe |
Competing Licences | Subscribe |
Right to Renew | Subscribe |
Duration | 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 | Subscribe |
Total | Subscribe |
The Victoria mining regime was revised in 2012 to extend its two main licencing options to four (including a retention licence); the amendments of 2012 were improvements over the wide-ranging discretion of the Minister that was embedded in the legislation before such amendments, but the legislation remains insufficient to provide a solid foundation for the miner to develop projects with confidence; the result is a poor rating by Hutte. The retention of ground staking as a means of securing title in addition to map staking, as in the case of Western Australia, leaves much to be desired as a model for modern international mining standards.
Contents
Regulatory Risk Rating
Moderate
Regulatory Risk
Regulatory Risk
Regulatory Corruption Risk
Very High
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Low
Corruption Exposure Risk
Corruption Exposure Risk