Retention Licence (Offshore Minerals) - Western Australia

Description

You may require this licence if you hold an existing Exploration Licence and you intend to postpone the development of mineral resources located within the area covered by that licence.

Western Australia's offshore area extends three nautical miles out from the coastal baseline. If you intend to undertake activities beyond this area, you will need to apply for a Commonwealth licence.

A retention licence is a holding title for a mineral resource. You may intend to apply for a retention licence if you have identified a mineral resource, but are unable to mine or explore the resource until a later date. A retention licence will allow you more time in which to plan to develop the resource, and to obtain financing.

A retention licence does not authorise the recovery of minerals as part of a commercial mining operation. Your licence will specify the range of activities you are authorised to undertake.

You may apply for a retention licence for a group of blocks only if the group forms a discrete area, and there are no more than 20 blocks in the group.

Please consult the Contact Officer for more information.

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;
  • Provide details of reasons why you are applying for a retention licence rather than a mining licence;
  • Provide details of the mineral deposit you have identified, and whether it is commercially viable in the longer term;
  • Provide details of the work programme you have carried out under your exploration licence, and the activities you intend to carry out in the future;
  • Provide details of the amount of money you intend to spend;
  • Provide details of your technical qualifications;
  • Provide details of your financial resources;
  • Submit any required forms; and
  • Pay the required fees.

Please consult the Contact Officer for more information regarding eligibility requirements.

Prerequisites

Duration

To be determined.

Fees

Fees Details for this service in table format.

Task Type Amount Description
Apply Application $3000.00 -
General Miscellaneous -

Further fees may apply. Please consult the Contact Officer for more information.

Renew Renewal $600.00 -

Forms

Task Resources
Apply Application for Retention Licence - Please consult the Contact Officer for information on forms to be submitted.

Act(s) name

Offshore Minerals Act 2003 WA

Regulation(s) name

Offshore Minerals Regulations 2010 WA

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.

Enquiries

Minerals and Mining

Department of Mines, Industry Regulation and Safety

Mailing address: 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)