Tenements and Titles - LexisNexis

[133,810] ENERGY AND RESOURCES LAWForfeitureThe warden on application of the minister, any official or any person, may make anorder for forfeiture of a prospecting licence (PL) or miscellaneous licence if, any amountof rent or royalty is owing and remains unpaid, any term of the licence has not beencomplied with; a report to the Department has not been filed; or the holder of the licenceis convicted of an offence under the Mining Act 1978 (WA).SurrenderA licence holder may apply to surrender its licence by lodging the requisite forms. Theholder of an exploration licence (EL) may only surrender part of a block with the priorapproval of the minister.[134,010] QueenslandTerm and renewalLicence TypeTerm and renewalProspecting permit (PP) A district PP may be granted for between 1 and 12 months.A parcel PP may be granted for 3 months.Subject to conditions, if a holder of a PP applies for a claimduring the term of a PP, the PP continues until determinationof the claim application.Mining Claim (Claim) Initial term (unless terminated sooner) is for up to 10 years.If the land the subject of a claim will be needed for anotherpurpose, the claim may be granted on the condition that it isnot renewable (either on renewal or first grant).The claim may be renewed for a further term, not to exceed10 years — there is no limit on the number of renewals —but renewals are not as of right.Exploration permit (EP) An EP can be granted for up to 5 years. There is no limit onthe number of renewals — but renewals are not as of right.Mineral development licence A MDL may be granted for up to 5 years (or such longer(MDL)period as the minister approves). There is no limit on thenumber of renewals — but renewals are not as of right.Mining lease (ML) A ML is not restricted by the Mineral Resources Act 1989(Qld) (the MRA) to any particular term. The term is afunction of the mineral reserves and the projected mine life.SurrenderSubject to the conditions described below, a holder of a tenement may apply tosurrender a tenement at any time prior to the expiry of its term.Prospecting permits (PP)The holder of a PP may surrender the PP by notice in writing to the mining register.Mining claim (claim) and mining lease (ML)The holder of a claim or ML may surrender their tenement by lodging with the miningregistrar a notice of surrender in the approved form; a duly completed royalty returntogether with the royalty payable to the Crown as or evidence of payment (under an MLonly if the whole land is surrendered) and the fee prescribed under a regulation.Service 0 130,114 LexisNexisJob: research/erl/allvols/serv_0/chapter_5_262680Page: 20 Date: 11/8/2011 Time: 15:30:3bwpageid:: 130114::bwservice::0::