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Tenements and Titles - LexisNexis

Tenements and Titles - LexisNexis

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TENEMENTS AND TITLES[133,810]Opal prospecting licence (OPL)OPLs are granted for the purpose of exploring for opals over opal prospecting blocks(OPBs).At the end of the term, a report must be submitted covering all prospecting operations.The holder may only carry out drilling <strong>and</strong> shaft sinking prospecting operations in thelicence area, <strong>and</strong> may undertake mining operations to recover opals.Mineral claims (Claim)Claims permit their holders to prospect for or mine the minerals the subject of theclaim, which includes erecting any building or structures, exercising any rights granted byeasements, removing timber, stone or gravel from the claim area <strong>and</strong> carrying out anymining purpose.The claim must be effectively worked, which means that there must be some work doneto extract or find minerals. In addition, there must not be any significant or substantialcessation of operations unless approved by the Director-General.The claim area must also be rehabilitated before the claim expires or is cancelled.TERM AND RELINQUISHMENT[133,610] Introductory commentsstate <strong>and</strong> territorial mining legislation specifies the manner in which:• tenements may be surrendered (in part or in whole);• tenements may be forfeited (usually by breach of the title conditions or therelevant mining act).It is important to note that in WA, not only the relevant minister may forfeit a tenementfor non-compliance with the relevant act or tenement, but third parties may also apply fora tenement to be forfeited where there has been non-compliance with the expenditurerequirements of an exploration tenement. The forfeiture system is regarded as a legitimatemeans of self-regulation of the mining industry; to ensure that tenement holders activelyexploit the l<strong>and</strong> the subject of their permits.[133,810] Western AustraliaTerm <strong>and</strong> renewalLicence TypePL 4 years, with the provision to extend for one further 4 year period.SPL 3 months or for any period which is a multiple of 3 months up to a maximum of4 years. The term granted cannot be extended or renewed.EL For ELs applied for before 10 February 2006, the term is 5 years plus possibleextension of 2 + 2 years <strong>and</strong> further periods of 1 year thereafter. At the end of boththe third <strong>and</strong> fourth year of its term, the licensee is required to surrender 50% of thelicence.For licences applied after 10 February 2006, the term is 5 years plus possibleextension of 5 years <strong>and</strong> a further period of 2 years thereafter, 40% of ground to besurrendered at the end of year 5.RL Term cannot exceed 5 years <strong>and</strong> is renewable for further periods up to 5 years.ML 21 years <strong>and</strong> may be renewed for further terms.SPL 21 years <strong>and</strong> may be renewed for further terms.<strong>LexisNexis</strong> 130,113Service 0Job: research/erl/allvols/serv_0/chapter_5_262680Page: 19 Date: 11/8/2011 Time: 15:30:3bwpageid:: 130113::bwservice::0::

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