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LRMA News 14 October 2014
Posted by on Apr 19, 2015, 13:01

COMPENSATION BILL PASSED
The Mining Amendment (Small-Scale Title Compensation) Bill 2014 was passed by both houses of Parliament on 17 September and assented to by the Governor on 25 September 2014.

The Minister has advised he will be setting compensation at $100 per mineral claim and $100 plus 10c per hectare for Opal Prospecting Licenses and this amount can be increased by CPI. After five years the Minister then reviews the amount upon advice of an independent assessment.

We believe the Department are working on their internal systems to enable them to collect compensation from the miners or grant and renewal of title and to then pass this compensation onto the relevant landholders.

It is proposed the Department will commence collecting and distributing compensation by 1st January 2015.

At last the compensation issue is resolved after many years of flux and confusion.

ACCESS MANAGEMENT PLANS SET DOWN FOR MEDIATION
The LRMA has applied to the Land and Environment Court to determine Access Management Plans for the properties ‘Allawah’, ‘Sorrento’ and ‘Muttabun’.

Senior Commissioner Moore of the Land and Environment Court has set these matters down for mediation on 29th October 2014 and if required for the following two days. If the matters are not resolved by mediation they will then go to a hearing of the Land and Environment Court commencing on Monday 15 December 2014.

The mediation and if required court hearing will be both held in Lightning Ridge.

If all goes according to plan we could have two major issues resolved by the New Year. We still have a number of Access Management Plans to be negotiated but hopefully this determination will provide another valuable template.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Maxine O'Brien
Secretary/Manager
Lightning Ridge Miners' Association Ltd
PO Box 177, Lightning Ridge NSW 2834
Ph: 02 6829 0427, Fax: 02 6829 0830
Mob: 0427 920 474
Email: manager.lrma@bigpond.com
www.lrma.com.au






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