❓ Hon Robin Chapple questions the Minister for State Development regarding International Exploration's failure to meet expenditure requirements for tenement E08/1555, its subsequent forfeiture, and Mineralogy Pty Ltd's acquisition of the tenement, highlighting potential conflicts of interest due to shared ownership and directorships with Clive Palmer. The Minister deflects, stating the matter falls under the purview of the Minister for Mines and Petroleum.
AnsweredQoN 598Legislative Council
QuestionView source ↗
I
refer to the Australian Financial
Review article of Tuesday, 22 October 2013, page 6, "Palmer in alleged mining act breach",
and I ask: (a) what
were the circumstances that led to International
Exploration failing to meet the annual minimum expenditure for tenement
numbered E08/1555; (b) did
International Exploration provide
an explanation as to why they failed to meet the annual minimum expenditure for
that tenement; (c) if yes to (b), will the Minister table that explanation; (d) if no to (b), why not; (e) will the Minister table all correspondence between the Department of State Development (DSD) and International
Exploration, and any other entity in respect of the company’s failure to meet
the annual minimum expenditure for tenement number E08/1555; (f) will the Minister table all correspondence between DSD and International
Exploration, and any other entity in respect of the company’s forfeiture or
surrender of tenement number E08/1555; (g) if no to (e) and/or (f), why not; (h) on what
date did DSD become aware of failure of International Exploration to
meet their annual minimum expenditure for tenement numbered E08/1555, and how; (i) on what
date did International Exploration forfeit or surrender tenement numbered
E08/1555; (j) on what
date did Mineralogy
Pty Ltd plaint International
Exploration tenement numbered E08/1555; (k) is
the Minister aware that Mineralogy Pty Ltd, Australasian Resources Ltd and International
Exploration Ltd share the same office at Level 7, 218 St Georges Terrace,
Perth; (l) is
the Minister aware that Australasian Resources Ltd has 100 per cent equity in International
Exploration Ltd; (m) is
the Minister aware that Mr Clive Palmer is Australasian Resources Limited
controlling shareholder with 60 per cent holding of fully paid ordinary shares with
Mineralogy holding a further 9.57 per cent holding of fully paid ordinary shares; (n) is
the Minister aware that Mineralogy Pty Ltd is controlled by Mr Clive Palmer,
the Australasian Resources Ltd’s controlling shareholder; (o) does
section 69 of the Mining Act 1978 allow for related companies to take over leases and not be subject to the
provisions of that section; (p) if
no to (o), why not; and (q) if
no to (o), why was Mineralogy Pty Ltd allowed to take up the ground released by
International Exploration, namely
tenement numbered E08/1555?
refer to the Australian Financial
Review article of Tuesday, 22 October 2013, page 6, "Palmer in alleged mining act breach",
and I ask: (a) what
were the circumstances that led to International
Exploration failing to meet the annual minimum expenditure for tenement
numbered E08/1555; (b) did
International Exploration provide
an explanation as to why they failed to meet the annual minimum expenditure for
that tenement; (c) if yes to (b), will the Minister table that explanation; (d) if no to (b), why not; (e) will the Minister table all correspondence between the Department of State Development (DSD) and International
Exploration, and any other entity in respect of the company’s failure to meet
the annual minimum expenditure for tenement number E08/1555; (f) will the Minister table all correspondence between DSD and International
Exploration, and any other entity in respect of the company’s forfeiture or
surrender of tenement number E08/1555; (g) if no to (e) and/or (f), why not; (h) on what
date did DSD become aware of failure of International Exploration to
meet their annual minimum expenditure for tenement numbered E08/1555, and how; (i) on what
date did International Exploration forfeit or surrender tenement numbered
E08/1555; (j) on what
date did Mineralogy
Pty Ltd plaint International
Exploration tenement numbered E08/1555; (k) is
the Minister aware that Mineralogy Pty Ltd, Australasian Resources Ltd and International
Exploration Ltd share the same office at Level 7, 218 St Georges Terrace,
Perth; (l) is
the Minister aware that Australasian Resources Ltd has 100 per cent equity in International
Exploration Ltd; (m) is
the Minister aware that Mr Clive Palmer is Australasian Resources Limited
controlling shareholder with 60 per cent holding of fully paid ordinary shares with
Mineralogy holding a further 9.57 per cent holding of fully paid ordinary shares; (n) is
the Minister aware that Mineralogy Pty Ltd is controlled by Mr Clive Palmer,
the Australasian Resources Ltd’s controlling shareholder; (o) does
section 69 of the Mining Act 1978 allow for related companies to take over leases and not be subject to the
provisions of that section; (p) if
no to (o), why not; and (q) if
no to (o), why was Mineralogy Pty Ltd allowed to take up the ground released by
International Exploration, namely
tenement numbered E08/1555?
AnswerView source ↗
Answered
11 December 2013
Responded by
Leader of the House representing the Minister for State Development
Response time
22 days
Department of State Development
(a-q) Tenement E08/1555 is not covered by a State Agreement, and neither the Minister for State Development, nor the Department of State Development have any involvement in this matter. This question should be directed to the Minister for Mines and Petroleum.
(a-q) Tenement E08/1555 is not covered by a State Agreement, and neither the Minister for State Development, nor the Department of State Development have any involvement in this matter. This question should be directed to the Minister for Mines and Petroleum.
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