The Queensland Government has published two discussion papers as part of the government’s ongoing mine rehabilitation and financial assurance reforms initiative. The papers propose amendments to Queensland’s existing resources legislation, the Mineral Resources Act 1989 (Qld) (MR Act) and Mineral and Energy Resources (Common Provisions) Act 2014 (Qld) (MERCP Act) (together ‘Resources Acts’), to reduce the risks of rehabilitation obligations transferring to the State and to promote new uses for Queensland’s abandoned mines. The papers build upon the Financial Provisioning Scheme (FP Scheme) and Progressive Rehabilitation and Closure Plan (PRCP) framework set to be introduced in the Mineral and Energy Resources (Financial Provisioning) Bill 2018 (Qld). Our previous alerts have…
