The South Australian Chamber of Mines and Energy (SACOME) has welcomed Mineral Resources and Energy minister Tom Koutsantonis’ decision to review the state Mining Act.
The review will examine the Mining Act, the Mine Works and Inspection Act, and the Opal Mining Act.
The last major amendment to the act was in 2011 where sections were updated to current standards and practices. Since then, SACOME has suggested further improvements to provide better clarity for all stakeholders the governed by the Act.
SACOME acting chief executive Dr. Nigel Long said the announcement of eight main principles to improve, modernise, and digitise the act are “particularly positive directions”.
“We look forward to a constructive discussion with the State Government on the detail of this critical piece of legislation,” he said.
“SACOME is confident this review will continue the leading practice regulatory framework for exploration and mining and give industry the certainty and confidence to continue to invest in SA.”