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Regulator’s Update – March 2023

In this issue: Snapshot of minerals permit applications, new specific royalty rates, minerals permitting improvement programme underway, reminder for annual summary reports, tier 1 permit holders and iwi engagement reports, Block Offer 2020 results.

Minerals permitting improvement programme

We are implementing an ongoing improvements programme for our minerals permitting systems and processes to ensure we are an effective, consistent, and timely regulator.

New specific royalty rates

To maintain the value of the return to the Crown from the extraction of Crown owned minerals, royalty rates listed in the Minerals Programme for Minerals (excluding Petroleum) 2008 have been increased.

Regulator’s Update – December 2023

In this issue: A quarterly snapshot of minerals permit applications, changes to the Crown Minerals Act, tips for submitting annual summary reports in 2024, NZ’s 2022 mining statistics, minimum mining rates letter to permit holders and OPS upgrade.

Changes to the Crown Minerals Act

Clearer expectations about how Tier 1 permit holders are required to engage with iwi and hapū, enacted through the Crown Minerals Amendment Act 2023, are now in operational effect.

Our hours over the holiday season

New Zealand Petroleum and Minerals will be closed from 3pm Friday 22 December 2023 until Wednesday 3 January 2024.