❓ A Western Australian parliamentary question on notice regarding the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002, focusing on land tenure, payments, exploration expenditure, and resource values associated with Mineralogy Pty Ltd.
AnsweredQoN 1212Legislative Council
QuestionView source ↗
IRON ORE PROCESSING (MINERALOGY PTY. LTD.) AGREEMENT BILL
One of the questions I was thinking about asking was where Hon Tom Stephens was yesterday, but we will have to wait until the next instalment to find out exactly. Hon Tom Stephens: You ask me and I’ll tell you. Hon NORMAN MOORE: Obviously, the jet broke down. (1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS
One of the questions I was thinking about asking was where Hon Tom Stephens was yesterday, but we will have to wait until the next instalment to find out exactly. Hon Tom Stephens: You ask me and I’ll tell you. Hon NORMAN MOORE: Obviously, the jet broke down. (1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS
AnswerView source ↗
I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
Hon Tom Stephens: You ask me and I’ll tell you. Hon NORMAN MOORE: Obviously, the jet broke down. (1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
Hon NORMAN MOORE: Obviously, the jet broke down. (1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
Hon Tom Stephens: You ask me and I’ll tell you. Hon NORMAN MOORE: Obviously, the jet broke down. (1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
Hon NORMAN MOORE: Obviously, the jet broke down. (1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(1) Has land described as “Area A” in the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Bill 2002 - land that was previously the subject of exploration licence 08/643 - been held by Mineralogy Pty Ltd or associated entities over the past 10 years? (2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(2) If not, who else has held leases over that land? (3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(3) How much has Mineralogy or its associates paid in lease rentals over the past decade for area A? (4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(4) How much exploration expenditure has Mineralogy or its associates incurred on that land during that period? (5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(5) What are the proved, indicative and inferred resource values established by Mineralogy on the land subject to the agreement Bill? (6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(6) How many companies have obtained refunds on lease rentals in the past two years and this financial year? Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
Hon KEN TRAVERS replied: I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
I thank the member for some notice of this question. I am advised - (1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(1) Yes. Mining tenements covering area A were issued to Mineralogy Pty Ltd in 1985 and 1993. Exploration licence 08/643 was replaced with an area declared under section 19 of the Mining Act 1978 in October 1996. (2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(2) Not applicable. (3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(3) Mining tenement rentals received for the period 1 January 1993 onwards total $1 448 116.60. This comprises $1 285 433.30 for mining leases, $145 883.38 for exploration licences and $16 800 for late exploration licence 08/643. (4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(4) Exploration expenditure reported is $12 393 442. (5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(5) Mineralogy has reported reserves of 800 million tonnes at 33.5 per cent iron, with inferred resources of 3 250 million tonnes at 31.8 per cent iron. This information is contained in the “Western Australian Iron Ore Industry Review 2001”, published by the Department of Mineral and Petroleum Resources. (6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
(6) Each year numerous companies receive refunds of up-front lease rentals if their tenement applications have been refused or withdrawn. The arrangements for payment of a lease rental refund to Mineralogy Pty Ltd are unique. In 1995, the then Minister for Mines agreed to the arrangements set out in clause 9(2) of the Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement.
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