Victoria bolsters mining guidelines as sector grows

Fosterville mine in Victoria. Image: Kirkland Lake Gold

The Victorian Government has moved to strengthen the state’s resource guidelines, setting a higher standard for companies accessing mineral resources.

An increased focus will be placed on explorers and miners that prove they are reputable, community focused and set up appropriately for the duration of projects, including the full rehabilitation of sites.

New assessment guidelines will ensure a company’s track record, including those of its directors and executives, are examined when considering licensing decisions.

It will also provide assurance for farmers and communities that public safety, infrastructure and the environment will be protected when minerals explorers and miners work on both private and public land.

The changes also provide the sector more accessible information regarding how mining licence applications are assessed, making it easier for reputable people to apply.

The new guidelines encourage minerals exploration and provide clarity for assessing potential licensees for the Stavley Ground Release in western Victoria and also the Lockington Ground Release in northern Victoria later this year.

It follows the Labor Government’s launch of Victoria’s first Mineral Resources Strategy, State of Discovery, last year, which focused on increasing exploration opportunities and development in regional areas.

Now employing 120,000 people across Victoria, the exploration and mining sector continues to grow alongside demand for minerals like gold and copper, which are crucial components for technology and renewable energy products.

Minister for Resources Jaclyn Symes said the strengthening of the guidelines ensured the sector attracted “the most qualified and reputable people”.

“We’re attracting people to our minerals and mining industry with a strong track record of integrity and collaborating with the community, to ensure we can keep supporting local economies and creating Victorian jobs,” Symes said.

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