Passage of South Australian Mining Amendments
The Statutes Amendment (Mineral Resources) Bill 2018 has passed South Australian Parliament providing needed certainty for Industry.
“The Government must be commended for staying the course, ignoring distractions, and passing these important legislative reforms,” said Warren Pearce, Chief Executive Officer, Association of Mining and Exploration Companies (AMEC).
“The passage of this legislation is a positive step forward for economic development in South Australia and Minister van Holst Pellekaan has delivered a step change improvement to the South Australian mining regulatory framework.”
“The Bill is a long overdue and widely consulted renovation of the 48-year-old Mining Act that improves the legislation’s effectiveness and efficiency. Importantly, nothing in this Bill removes or reduces the rights or entitlements of farmers or pastoralists.”
“The bipartisan approach taken by the Opposition demonstrates the high priority placed on ensuring South Australia is attractive to investment.”
“The successful passage of the Mining Bill concludes three years of uncertainty for mining and mineral exploration companies who have chosen to invest in South Australia,” said Mr Pearce.