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Crown Minerals Amendment Bill introduced

The Government has introduced a Bill to better align the Crown Minerals Act 1991 (CMA) with wider Government policy objectives.

Submissions on the Bill are open now and close on 23 January 2023.

Upcoming changes to 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 will be increasing.

Petroleum Reserves data released

Details of New Zealand’s petroleum reserves as at the beginning of 2022 have been released by the Ministry of Business, Innovation and Employment (MBIE).

Regulator's Update – September 2022

In this issue of the Regulator's Update: Upcoming changes to royalty rates, tips for preparing applications, petroleum reserves data, a new Exploration Database coming soon, help us improve the website and more.