Mineral Retention Licence - Victoria

Description

You will require this licence if you intend to retain the rights to a mineral resource. This licence is only valid for the specified land. A Mineral Retention Licence is for mineral resources that are not economically viable to mine at the present time.

This licence extends to the sea bed and its subsoil within the territorial limits of Victorian water.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible, you need to show that:

  • you are a fit and proper person to hold the licence
  • you have identified a mineral resource
  • you have an appropriate program of work
  • you are likely to be able to finance the proposed work and any rehabilitation.

Duration

This licence is valid for 10 years and may be renewed twice.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $2318.22

Fees for 2023-24

Apply Application All $1049.40

Mineralisation Report. Fees for 2023-24

Renew Renewal All $1213.17

Fees for 2023-24

Other resources

Task Business Structure Resources
Apply All Retention Licence Application Kit (Opens in new window)

Act(s) name

Mineral Resources (Sustainable Development) Act 1990 Victoria

Regulation(s) name

Mineral Resources (Sustainable Development) (Mineral Industries) Regulations 2019 Victoria

Application process

Apply

Information that is required in the application for a Mineral Retention Licence is as follows:

  • name and address of applicants
  • contact details
  • if the applicant is a company, then supply a list of the directors and a copy of registration of the company
  • area of land applied for
  • map of the land applied for in 1:25,000 scale
  • names and addresses of the owners and occupiers of that land
  • if that land is currently covered by any other Mineral licences
  • term of licence required
  • estimated annual expenditure for the first two years of the licence and estimated total expenditure for the entire term of the licence
  • evidence of financial capability
  • qualifications of all technical advisers
  • details of applicants experience in mining
  • details of proposed work program.

Administering agency

Department of Jobs, Skills, Industry and Regions

Earth Resources

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.