https://newsletter.mw.creamermedia.com
Financial|Mining|Petroleum|PROJECT|Resources|Environmental
Financial|Mining|Petroleum|PROJECT|Resources|Environmental
financial|mining|petroleum|project|resources|environmental

WA reviews Mining Rehabilitation Fund

14th August 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – The Western Australian government has announced that the Mining Rehabilitation Fund (MRF) will undergo a review to ensure it met all its objectives, and that sufficient funding was available for the initiative.

The MRF Act was created to ensure the mining industry is financially responsible for restoring existing and abandoned mine sites, instead of Western Australian taxpayers.

Western Australian tenement holders, except those under State Agreements, are required to pay an annual levy to the fund, with contributions based on the level of ground disturbance on the tenement. 

A statutory panel monitors the MRF financial reserves and levy contribution rate to ensure they meet current and emerging rehabilitation liabilities.

The MRF also provides funds to address legacy mine sites and is currently supporting the Safer Shafts for Towns project that remediates risks close to regional communities.

“The government remains committed to achieving a successful balance between robust environmental standards and a strong and dynamic resources sector,” said Mines and Petroleum Minister Bill Johnston.

“We will continue to work with industry and the community to ensure we deliver best practice mine rehabilitation outcomes for our State.

“The MRF’s support of abandoned mines, like Ellendale (diamond mine), are invaluable as it helps to assess risks and identify any remediation works to benefit the local community.”

Edited by Creamer Media Reporter

Comments

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (14/03/2025)
14th March 2025 By: Martin Creamer
Magazine round up | 14 March 2025
Magazine round up | 14 March 2025
14th March 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.102 0.175s - 128pq - 2rq
Subscribe Now