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Regulator’s Update – November 2024

In this issue:
Draft Minerals Strategy – publication of summary of submissions,
Draft Critical Minerals List – public consultation complete,
Mineral endowment report released,
Crown Minerals Amendment Bill process,
Draft Crown Minerals Programmes – upcoming consultation,
Minister attended the International Mining and Resources Conference,
2024 Annual Review Meetings concluded,
First permit processing timeliness report released,
Snapshot of minerals permit applications,
Changes to application fee refunds,
Unpermitted quarrying of Crown-owned minerals under regulator’s spotlight,
Resolution of illegal mining case sees reparation to local community,
New guidance available to minerals applicants.

Permit processing timeliness report: 1 July to 30 September 2024

Earlier this year, New Zealand Petroleum and Minerals (NZP&M) introduced processing timeframes for minerals and petroleum applications received from 1 July 2024, and committed to publishing results quarterly on its performance against those timeframes.

Public Consultation on a draft Critical Minerals List for New Zealand

The Ministry of Business, Innovation and Employment (MBIE) is developing a critical minerals list, to identify New Zealand’s mineral potential, and to help catalogue the domestic and imported minerals that are vital to New Zealand’s economy, national security, and technology needs.

Mineral endowment report released

A new report on New Zealand’s mineral endowment identifying short, medium, and long-term prospects for potential development has been released.

New Kermadec mineral reservation

A new mineral reservation over the Kermadec Arc has been declared for 18 months replacing a reservation that expires on 4 July 2024.