Retention Licence - Western Australia

Description

You will need this licence if you hold an exploration licence and you intend to postpone the development of mineral resources located in your licence area. Retention licences are a holding title for a mineral deposit and allow you more time to plan to develop the deposit.

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 for this licence you must:

  • hold an exploration licence in respect of the block or blocks you are applying for (up to 20 blocks)
  • ensure you and your employees who will likely be involved in your intended activities hold relevant technical qualifications
  • have sufficient financial resources and technical advice to carry out your intended activities
  • have identified and evaluated a significant mineral deposit in your exploration area
  • demonstrate that mining the deposit is not commercially viable in the short term
  • demonstrate that there is a reasonable prospect of development of the deposit in the long term.

Duration

As specified

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $3000.00

Fees for 2021-22
Apply Application All $172.00

Registration of other dealing. Fees for 2021-22
General Application All -

You may need to pay additional fees. Please contact the agency for more information.
Renew Renewal All $600.00

Fees for 2021-22
Transfer Transfer All $69.50

Registration of transfer. Fees for 2021-22
Transfer Transfer All $172.00

Approval of transfer application. Fees for 2021-22
Vary Variation All $172.00

Caveat. Fees for 2021-22

Act(s) name

Offshore Minerals Act 2003 Western Australia

Regulation(s) name

Offshore Minerals Regulations 2010 Western Australia

Application process

Apply

If your application is successful, you will be provisionally granted a licence. To accept the licence, you will need to provide the agency with a written acceptance of the grant.

Lodgement process

Lodge

You will need to advertise your application in a newspaper circulating throughout the Western Australia within 14 days of making your application.

Administering agency

Department of Mines, Industry Regulation and Safety

Minerals and Mining

Contact details

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

Please use these contact details for help or more information:

Enquiries

Minerals and Mining

Department of Mines, Industry Regulation and Safety

 Western Australia
Operating address: Mineral House
100 Plain Street
East Perth, Western Australia 6004
Phone: 08 9222 3626
Fax: 08 9222 3444
Email: mineraltitles.enquiries@dmirs.wa.gov.au
Website: Minerals and Mining (Opens in new window)