SACOME Welcomes Reintroduction of Leading Practice Mining Bill
The South Australian Chamber of Mines & Energy (SACOME) welcomes the reintroduction of the Statutes Amendment (Mineral Resources) Bill 2018 to amend the Mining Act 1971, the Mines and Works Inspection Act 1920 and the Opal Mining Act 1995.
SACOME commends the Marshall Government and the Minister for Energy & Mining for honouring their election commitment to reintroduce the Bill early in its term.
The Bill is the culmination of a comprehensive review of the laws that guide the development of the State’s mineral resources laws and an important step in modernising the 40 year-old regulatory structure that has governed mining activity in South Australia.
The Bill aims to increase transparency, improve environmental protections, and provide better opportunities for mining and exploration companies in South Australia. While the Bill recommences the process of renewing the State’s mining laws, significant regulatory detail will be set out in the Mining Regulations, which are yet to be developed.
SACOME remains committed to working collaboratively with the South Australian Government and other industry sectors in developing the Regulations and highlights the importance of this process.
Rebecca Knol, CEO of SACOME said:
“The resources sector employs over 26,000 people, delivered $5.2 billion in production, $3.8 billion in exports and $214 million in royalties to South Australians.
“The introduction of the Statutes Amendment (Mineral Resources) Bill 2018 recognises the importance of the resources sector and its contribution to the South Australian economy. It is another step in the right direction towards having an Act that is workable for all stakeholders.
“SACOME remains committed to working with other sectors and ensuring that mining and agriculture can sustainably co-exist. The Bill is key to enabling economic development of the State's mineral resources and we are committed to initiatives that encourage multiple and sequential land use.
“SACOME looks forward to continued engagement with the South Australian Government and other industry sectors in developing the Mining Regulations underpinning the Act”.
Media contact:
Rebecca Knol, CEO SACOME, 0409 012 007
The South Australian Chamber of Mines & Energy (SACOME) welcomes the reintroduction of the Statutes Amendment (Mineral Resources) Bill 2018 to amend the Mining Act 1971, the Mines and Works Inspection Act 1920 and the Opal Mining Act 1995.
SACOME commends the Marshall Government and the Minister for Energy & Mining for honouring their election commitment to reintroduce the Bill early in its term.
The Bill is the culmination of a comprehensive review of the laws that guide the development of the State’s mineral resources laws and an important step in modernising the 40 year-old regulatory structure that has governed mining activity in South Australia.
The Bill aims to increase transparency, improve environmental protections, and provide better opportunities for mining and exploration companies in South Australia. While the Bill recommences the process of renewing the State’s mining laws, significant regulatory detail will be set out in the Mining Regulations, which are yet to be developed.
SACOME remains committed to working collaboratively with the South Australian Government and other industry sectors in developing the Regulations and highlights the importance of this process.
Rebecca Knol, CEO of SACOME said:
“The resources sector employs over 26,000 people, delivered $5.2 billion in production, $3.8 billion in exports and $214 million in royalties to South Australians.
“The introduction of the Statutes Amendment (Mineral Resources) Bill 2018 recognises the importance of the resources sector and its contribution to the South Australian economy. It is another step in the right direction towards having an Act that is workable for all stakeholders.
“SACOME remains committed to working with other sectors and ensuring that mining and agriculture can sustainably co-exist. The Bill is key to enabling economic development of the State's mineral resources and we are committed to initiatives that encourage multiple and sequential land use.
“SACOME looks forward to continued engagement with the South Australian Government and other industry sectors in developing the Mining Regulations underpinning the Act”.
Media contact:
Rebecca Knol, CEO SACOME, 0409 012 007