Queensland guarantees 900 mining leases
Laws that will guarantee 900 historical mining leases set for expiry in November have been passed by the Queensland parliament.
The Resources and Other Legislation Amendment Bill 2021 was passed to clarify some minor administrative aspects of mining and petroleum leases across the state.
Resources Minister Scott Stewart says the passing of the legislation defines that the mining leases are valid, and had always been valid.
"The legislation will provide certainty to stakeholders and ensure existing rights and interests are maintained," he said on Wednesday.
"The parliament has ensured the resources companies that hold these tenures can continue to operate with confidence."
Approved amendments have also been passed that allow petroleum production leases to continue in force until a decision is made on their renewal.
Under current legislation, these ATPs would expire on November 1, along with the production lease applications.
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