Crown Minerals Amendment Act passes – what it means for the petroleum industry
The Crown Minerals (Decommissioning and Other Matters) Amendment Act received Royal assent on 1 December 2021 and a number of new provisions are now in force.
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The Crown Minerals (Decommissioning and Other Matters) Amendment Act received Royal assent on 1 December 2021 and a number of new provisions are now in force.
Welcome to the October issue of the Regulator’s Update. In this issue: Consultation on proposed infringement offences for minerals and petroleum permit holders, update on the proposed regulations to support the Crown Minerals (Decommissioning and Other Matters) Amendment Bill, compliance team West Coast visits, update on the Tui project, speeding up the minerals application process and minimum mining production rates for minerals permits.
The deadline for consultation on proposals for regulations to support the Crown Minerals (Decommissioning and Other Matters) Amendment Bill has been extended from 24 August to 7 September 2021.
We’re working as quickly and efficiently as we can to process the queue of minerals permit applications and thank permit applicants for their patience.
Welcome to the July issue of The Regulator’s Update. In this issue: Crown Minerals (Decommissioning and Other Matters) Amendment Bill introduced, consultation opens on proposed decommissioning regulations, survey of industrial rocks and minerals, minerals permit application volumes, ASRs wrap up, annual review meetings for Tier 1 permit holders and fees and royalties due.
Consultation on proposals for regulations to support the Crown Minerals (Decommissioning and Other Matters) Amendment Bill has now opened.
A new mineral reservation over the Kermadec and Colville Arcs has been declared for three years replacing a reservation that expires on 4 July 2021.
Details of New Zealand’s petroleum reserves as at the beginning of 2021 have been released today by the Ministry of Business, Innovation & Employment.
Two onshore petroleum exploration permits have been today granted for Block Offer 2019.