You will need to be licensed to explore and mine minerals in Australian waters. A mineral:
- is defined as a naturally occurring substance or a naturally occurring mixture of substances
- may be in the form of sand, gravel, clay, limestone, rock, evaporates, shale, oil-shale and coal
- does not include oil or gas.
This licence covers the exploration phase of a project and gives exclusive rights to the holder to apply for further approvals to undertake exploration related activities.
