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.
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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.
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.
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.
New Zealand Petroleum and Minerals will be closed from 3pm Friday 22 December 2023 until Wednesday 3 January 2024.
Did you know you can submit your 2023 annual summary report (ASR) from 1 January onwards? Read our top tips below to make submitting your ASR easy in 2024.
This snapshot provides insights into how many minerals permit applications were received and how many decisions were made between 1 July and 30 September 2023.
In this issue: A snapshot of minerals permit applications, changes to the Crown Minerals Act pass into law, introducing our new National Manager, new minimum mining rates compliance letter, tender closes on Block Offer 2020 and more.