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What are the different types of permit?
New Zealand Petroleum & Minerals issue permits under the Crown Minerals Act 1991 for people to prospect, explore or mine Crown-owned minerals.
The following table shows the key differences between the permit types.
Gold fossicking is provided for separately. Read more...
Prospecting permit | Exploration permit | Mining permit | |
Purpose | To identify land likely to contain exploitable deposit | To identify deposits and evaluate the feasibility of mining | Economic recovery of an identified resource |
Which permit | No previous work has been done to locate a possible deposit | Often applied for first, rather than a prospecting permit, when higher impact work intended | The nature and extent of the mineable mineral resource or exploitable mineral deposit are known accurately |
Activities | Very low impact, e.g. literature search, geological mapping, hand sampling or aerial surveys | May include literature review, drilling, bulk sampling and mine feasibility studies | Mineral extraction |
Allocation | Acceptable work programme offer |
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Exclusive right | Yes, unless non-exclusive permit sought | Yes | Yes |
Duration |
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| Up to 40 years but commonly under 20 years (related to extent of reserves and resources and work programme) |
Size | No upper limit - relates to work programme | No upper limit - relates to work programme | Related to extent of discovery and work programme |
Royalties | Not applicable | Not applicable unless annual production is greater than $200,000 in value | For permits under the 1996 minerals programmes, 1% ad valorem royalty (AVR) for net sales revenues up to $1 million per annum. Where net sales revenues over $1 million pa, higher of either 1% AVR or 5% accounting profits royalty For permits under the 2008 minerals programme: specific rate royalty (SRR) for low value to volume minerals and tiered AVR for precious metals and platinum group elements Guide to Completing the Annual Royalty Return [106 kB PDF] |
Legislation |
To view or print these PDF files you will require PDF viewing software: Adobe Acrobat Reader. | ||
Land access rights |
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