Exploration and Prospecting Activities and reporting requirements under the Minerals and Coal Regulations 2007

On 1 February 2008 the Crown Minerals (Minerals and Coal) Regulations 2007 came into force.

These new regulations change reporting and requirements in relation to the lodgement of reports and records (regulation 33), and the annual summary report on prospecting and exploration and the annual report on expenditure on prospecting and exploration (regulations 35 and 37 respectively).

Regulation 33 requires a permit holder, within 40 working days of the anniversary date of the permit, to provide the Secretary with all reports and records that have been created in the previous twelve months on prospecting and exploration activities.

Permit holders need to understand that regulation 33 does not suddenly require any additional annual technical reporting. Reporting continues to be required only if reports and records are created during the previous year, OR as required by work programme obligations as specified by individual permit conditions.

The submission standards for the lodging of data as per regulation 33 can be viewed on the Crown Minerals website.

Summary reporting forms for regulations 35 and 37 will be automatically mailed to permit holders and are to be completed and lodged with the Secretary within 40 work days of the anniversary.