111-120 of 172 results
Amendments to PNG Mining Act and Oil and Gas Act
The Parliament of PNG has passed a series of amendments targeting the mining, oil and gas industries. We examine the significance of these amendments and the likely next steps. ...
New dawn for environmental regulation in the Northern Territory
A new environmental protection regime in the Northern Territory will commence imminently. The Environment Protection Act 2019 and Environment Protection Regulations 2020 (NT) will commence on 28 June 2020. All operators and proponents should prepare for commencement of this new regime. In particular, proponents with projects currently being assessed under the Environmental Assessment Administrative Procedures 1984 should take advice regarding how their assessment will complete upon the commencement of the new regime. ...
Queensland's new regulatory framework for safety in the resources industry
Queensland Parliament has passed legislation that, when it comes into effect on 1 July 2020, will change the state's regulatory framework for health and safety in the resources industry. ...
Resources sector regulation – the Productivity Commission's call for reform
The Productivity Commission has released its draft report on resources sector regulation and, if implemented, its recommendations have important implications for the sector. In particular, the report includes a number of recommendations focused on reducing delays in project assessment and approval, ...
Allens advises on innovative $35m facility for gold producer
The facility will provide Ramelius with access to working capital and support for any corporate or asset acquisition it might conduct in the future. There is also scope to increase funding, subject ...
Allens acts on NAIF loan package for WA's Beyondie project
Located 160 km south east of Newman, the Project aims to produce SOP, a high-yield, premium fertiliser, for domestic and international sale. The loan is comprised of a $48 million Infrastructure ...
Allens advises bank group on financing for 50% stake in Kalgoorlie Super Pit gold mine
The bank group provided a new $400 million, 4-year term debt facility and renewed an existing revolving facility for three years which increased to $300 million. In addition to the provision of deb ...
Major proposed changes to Queensland resources law – the environmental and commercial implications
New legislation will, if passed, introduce a suite of reforms aimed at mitigating the risks of Queensland resources projects not being rehabilitated, which also have major implications for the sales of such projects. The changes' wide-ranging impact includes tighter criteria for tenement applicants and transferees, and introducing an ability for tenement conditions to be adjusted following a change of control of tenement holders. In particular, potential tenement applicants and purchasers should consider initial due diligence on people and entities that may be considered their associates, so they are prepared to defend any decision in relation to potential disqualification. ...