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Tenements and Titles - LexisNexis

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TENEMENTS AND TITLES[132,610]• a mining registrar may from time to time by notice in writing vary any conditionimposed by the mining registrar (as long as it is consistent with a relevantenvironmental condition).Mining Claim (Claim)A mining claim is granted to holders of prospecting permits to carry out small-scaleoperations with limited use of machinery, can be up to one hectare in area, entitles theholder to prospect <strong>and</strong> h<strong>and</strong>-mine for specified minerals <strong>and</strong> is granted for minerals otherthan coal.In addition to the common conditions described above, a claim holder may not erectany permanent building or any structure on the claim area.Exploration permit (EP)An EP confers upon its holder the rights, subject to conditions to enter onto the l<strong>and</strong> thesubject of the EP, <strong>and</strong> explore for the minerals specified in the EP.The minister will include as a condition of all EPs that the holder comply withminimum expenditure conditions.Mineral Development licence (MDL)A MDL allows its holder to hold tenure over an identified mineral resource for aspecified period until conditions (for example, market, economic or technology) arefavourable to develop the resource.Subject to the terms of the licence, an MDL holder has the right to undertake activitiesto progress the evaluation of the economic <strong>and</strong> technical feasibility of developing thediscovered resource, including geological/geophysical studies, mining feasibility studies,metallurgical testing <strong>and</strong> marketing, engineering <strong>and</strong> design studies <strong>and</strong> environmentalstudies.In addition, the minister may direct a MDL holder to apply for a mining lease (ML) ifthe minister believes that operations should start on the l<strong>and</strong> the subject of the MDL. Ifthe MDL is unable to convince the minister that operations should not start, then the MDLholder must either apply for a ML or the minister may, in their discretion, cancel theMDL.Mining lease (ML)A holder of a ML is entitled to enter <strong>and</strong> be within <strong>and</strong> upon l<strong>and</strong> comprising the MLfor the purposes for which the ML is granted. This includes the right to machine-minespecified minerals <strong>and</strong> carry out activities associated with mining or promoting miningactivities.A ML also confers property rights in respect of the minerals that are mined from theML area.[132,610] New South WalesCommon rights <strong>and</strong> obligationsGenerally, the licence entitles its holder to carry out the activities specified in thelicence, whether that be exploring for specified minerals or mining them.If an application is made by the holder of an exploratory licence (EL) for an assessmentlease (AL) or a mining lease (ML), or by the holder of an AL for an ML, the relevantlicence continues in force until the AL or ML (as applicable) application is dealt with,limited to 2 years.<strong>LexisNexis</strong> 130,111Service 0Job: research/erl/allvols/serv_0/chapter_5_262680Page: 17 Date: 11/8/2011 Time: 15:30:3bwpageid:: 130111::bwservice::0::

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