AMEC EXPLORER - EDITION 3 2025 by amec-explorer

PLAYING F IELD

FEATURE STORY

New report could pave the way for better land access, improve productivity and level the playing field for the resources industry

GUEST CONTRIBUTOR

“Mr Fix It” explains his plan to bring all stakeholders together, to fast track changes to the EPBC Act

MEMBER FOCUS

Discover why this CEO has put “literally every cent” into the company he runs

Have you been spotted at an event, forum or conference across the country?

OPINION PIECE

Why more money to local councils is like “handing out matches in a fireworks factory.”

editor

Ryan Rampling: P: 1300 738 184 E: ryan.rampling@amec.org.au

DESIGN

Gabrielle Lebeck

E: gabby.lebeck@amec.org.au

AMEC CEO

WARREN PEARC E Chief Executive Officer

Welcome to our Explorer Magazine, where we share the important advocacy work and wins, put the spotlight on some of our members and partners, and inform you about what lies ahead for our Association and industry more broadly.

Earlier this month, we released our national Coexistence Report from Modifying Factors, highlighting the growing competition for land between mining, agriculture, and the rapid expansion of renewable energy projects. It also shows a path towards unlocking productivity in Australia.

Read our feature article on page 14 and you will notice the message couldn’t be clearer,

A sincere thank you to the members who took the time to complete this, as it will provide a strong basis for what we present to the government

with coordination being the key to moving forward. We will continue to push this report, including during our upcoming trip to Canberra to brief members of parliament and relevant stakeholders with a genuine focus on coexistence.

Staying with policy, the Federal Government’s desire to sort out the Nature Positive mess is starting to take shape. A recent meeting with Environment Minister Murray Watt, indicated reforms to the EPBC Act will hopefully be in front of parliament before the end of the year. This will also take high priority while we are in Canberra.

Minister Watt has also written for Explorer, so be sure to get his views on page 8.

At a state level, in Western Australia, there are two dominating matters, still looking to be resolved. That is the ongoing challenge around Miscellaneous Licences and the WA Supreme Court decision to make them rateable.

See my opinion piece on page 20 for further thoughts.

Our other important piece of work is with Acil Allen, as they complete the survey stage of our Aboriginal Cultural Heritage report, to provide to the WA Government review.

A sincere thank you to the members who took the time to complete this, as it will provide a strong basis for what we present to the government. We get one chance at this, so it’s critical we get it right.

And don’t forget to check out the varied ‘Member to Member’ benefits we have on offer. The Association is always grateful for the contribution that our members make for our exploation and mining community. See our website for more details, just like the offer from ReGen Strategic below.

As always, the strength of AMEC comes from you, our members. Enjoy Explorer #3 and I look forward to working with you in the months ahead and seeing many of you at our upcoming events.

Warren Pearce E: warren.pearce@amec.org.au

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Warren Pearce being interviewed on the sidelines at the Future of Mining Conference in WA

Warren Warren Pearce at AMEC’s WA Regulatory Forum

Commonwealth news

NEIL VAN DRUNEN Head of National Policy

Productivity is the talk of the town in Canberra, with August promising a Commonwealth Economic Reform Roundtable.

While the roundtable has dominated the policy landscape, how Australia makes decisions about the landscape has been the key focus for AMEC and underscores our submission.

Land access is the key issue for most members nationally and has been for a long time. The arrival and rapid growth of renewable projects is making the continent more congested and contested. The conversation about how proponents get onto ground is as pertinent as it has ever been.

COEXISTENCE REPORT

The report by Modifying Factors, commissioned by AMEC, Congested & Contested – Coexistence the key to unlocking productivity calls for a concerted effort to move from a fragmented approach by State and Federal governments to one based on coordination and co-operation. There are land uses for at least two Australia’s currently and more on the way.

Lifting productivity is about making better use of the resources we have. While traditionally Australia has been a world beater at industries that take up lots of space, we need to find a way that we can all do that together on our remarkably small island.

There are land uses for at least two Australia’s currently and more on the way

While the Prime Minister has publicly ruled out tax reform at the Productivity Roundtable, AMEC will be burning shoe leather in Canberra at the end of August to follow up on the implementation of the Critical Minerals Production Tax incentive. With legislation locked in, regulations are next, and then the all-important guidance being formed.

Read the full report

E PBC REFORMS

As this edition unpacks in greater detail, the Commonwealth Government is doing a lot of doing, moving rapidly forward with reforms to the Environment Protection and Biodiversity Conservation Act 1999. AMEC has met thrice with Minister Watt in person to discuss proposed reforms.

Commonwealth news

FEDERAL SUBMISSIONS

Economic Reform Roundtable

Review of the Future Acts Regime

The timeframe has rocketed since the election, with legislation set to be read into Parliament by the end of this November.

This gives AMEC a tight window in which to operate, with only until the end of September to advocate to government. Read more about the reform in the guest column by the Commonwealth Environment Minister on the next page.

F UTURE ACTS REGIME

The Australian Law Reform Commission closed out on review of the Future Acts regime. This review touched upon the Native Title Act’s Expedited Procedure (Section 32 of the Act), which AMEC has called on the Commonwealth Government as critical to the grant of mining tenure.

C RITICAL MINERALS RESERVE

While one consultation finishes, another begins. The critical minerals reserve was announced during the Commonwealth Election, and AMEC is working with members to put meat on the bones.

The idea is sound: holding a portion of Australia’s critical minerals wealth so that our allies can access it if they’re squeezed out of the market.

The idea is sound: holding a portion of Australia’s critical minerals wealth so that our allies can access it if they’re squeezed out of the market

The hard part is turning the idea into reality, and AMEC is working with members and government to see what can be done.

Neil van Drunen E: Neil.vandrunen@amec.org.au M: 0407 057 443

Meet the Explorers Breakfast WA, Hosted by Neil van Drunen

FROM THE Environment MINISTER

Senator the Hon. Murray Watt Minister for the Environment and Water

PRIORITISING REFORM TO THE EPBC ACT FINDING THE BALANCE AMONG STAKEHOLDERS

The re-elected Albanese Government is committed to strengthening and streamlining Australia’s national environmental law as an immediate priority. Our current laws are outdated, inefficient and don’t work for our environment or industry.

These reforms to the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) will deliver stronger environmental protection and more efficient project assessments and approvals, including through regional planning and better bilateral agreements with State Governments.

The reforms will also deliver greater accountability and transparency in decision making.

They will support national priorities such as improving productivity and delivering the homes, jobs, clean energy, critical minerals and economic prosperity Australia needs in the future.

As part of the EPBC Act reforms, we went to the last two elections committing to establishing a national environment protection agency (EPA).

The EPA will bring together regulatory functions of Australia’s national environmental laws, including aspects of the updated EPBC Act, into one organisation. Establishing EPA aims to restore public trust and certainty in our national environmental laws.

National Environmental Standards are a key part of the Graham Samuel-inspired reforms. They will set clear, measurable outcomes for activities regulated under the EPBC Act and support better and faster decision-making under the Act.

We’re also reforming environmental offset arrangements to deliver real gains for the environment and reduce delays for project developers. We can achieve stronger national environmental standards, while also giving business more certainty and faster approval processes.

Australians want governments, business and environmental groups to work together

Warren Pearce, Senator the Hon. Murray Watt, Minister for the Environment and Water, and Neil van Drunen

Australians want governments, business and environmental groups to work together to protect our environment and reap the economic benefits of sustainable development to protect our environment and reap the economic benefits of sustainable development. We’re continuing to conduct extensive consultation and engagement on environmental law reform, with representatives from mining, business, environmental organisations and First Nations communities.

I thank AMEC for its engagement to date, as we continue to work with stakeholders to ensure the details are right.

Senator the Hon. Murray Watt, Minister for the Environment and Water, meeting with Hon. Roger Cook MLA, WA Premier and his team

WA news

NEIL VAN DRUNEN Head of National Policy

With a buoyant Diggers and Dealers done and dusted for another year, there was a quiet confidence amongst the booths and beers, with Kalgoorlie full of promise.

The neighbouring Shire of Coolgardie rated a fair bit of conversation. With their proposed 119% rates hike for mining tenements, rebuffed by Local Government Minister Hannah Beazley following advocacy from AMEC.

Quick on the heels of this rate grab, Shire of Mt Magnet threaded a loophole in the Local Government Act via a win in the Supreme Court. Consequently, for the first time ever, industry faces a potential $50 million per annum Miscellaneous Licences rates bill.

An Industry funded appeal has been launched, and the Government is amending the legislation, so it will match current practice. Thank you to all the members who have opened the wallet to support.

L OOKING FORWARD

The Mining Amendment Bill 2025 is up for debate in WA Parliament. The Bill is a veritable toolbox of fixes called for by AMEC.

Highlights include provision of excisions from exploration licences and de-coupling Section 58 Statements from applications.

These amendments, two of the 11, address outcomes of two Warden court cases, True Fella and Blue Ribbon.

An Industry funded appeal has been launched, and the Government is amending the legislation

Land access is a key focus for AMEC as the year concludes.

As called for by AMEC prior to the WA Election, the State Government’s review of Native Title and Aboriginal Cultural Heritage processes in Western Australia’s mining and exploration sector will hand down its final report to Government by the end of October.

AMEC has engaged ACIL Allen to survey members and prepare a report and will ensure voice of Industry is heard by Government on this critical issue.

Neil van Drunen

E: Neil.vandrunen@amec.org.au

M: 0407 057 443

WA SUBMISSIONS

Depreciated Optimised Replacement Cost (DORC) valuation of Arc Infrastructure’s railway assets

Diggers & Dealers 2025 - Patronus Resources Booth Neil van Drunen, Jed Williams, Rhonda White and Ria Brabham

WA news

Owen Nevin CEO, Western Australian Biodiversity Science Institute

From mine closure to large scale restoration, environmental challenges facing the mineral exploration and mining sector are complex and costly and can lead to project delays, lost opportunities and reputational damage.

The Western Australian Biodiversity Science Institute (WABSI) is an independent jointventure that has been facilitating collaboration across industry, regulators and government to identify key issues and priority biodiversity science knowledge gaps to address end user challenges.

WABSI is a collaboration mechanism that is trusted by both industry and regulators. It responds to end user needs by facilitating targeted, timely and relevant research programs that deliver practical solutions. It enables industry to meet regulatory requirements, protect the environment and maintain social licence to operate, and to make more informed decisions with greater certainty and confidence.

The Shared Environmental Analytics Facility (SEAF) is a ground breaking initiative that unlocks the value of environmental data. Led by WABSI, SEAF was developed as a collective effort between research, government and industry, as a mechanism for interpreting environmental data.

SEAF draws data held in multiple portals and repositories, through secure data sharing, and uses it in predictive models and custom-built analytics to produce maps and forecasting tools.

The Shared Environmental Analytics Facility (SEAF) is a ground breaking initiative that unlocks the value of environmental data

These tools enable industry and regulators to make more confident and timely decisions. SEAF pilots are operating in Cockburn Sound and the Pilbara and feed into cumulative environmental impact assessments.

With an extensive portfolio of collaborative initiatives driven by the needs of end users, WABSI is helping industry to better understand biodiversity metrics and measurement, mine site completion criteria and identify restoration priorities at a landscape scale.

The Wheatbelt Restoration Standard, released recently, is a practical guide for land managers, regulators and industry to maximise impact with consistent, science-based practices and supports efficient investment into a restoration economy for Western Australia.

Download practical guides, research priorities and other WABSI publications here.

Find out how to engage with environmental data and SEAF here.

WABSI hosts a webinar series for a deep dive into the big biodiversity challenges, see upcoming events here.

Owen Nevin CEO, Western Australian Biodiversity Science Institute

KATE DICKSON Head of National Operations

The engagement with the Department of Environment, Tourism, Science and Innovation (DETSI) is continually improving. Although there was a big surprise that needed to be turned around quickly in the form of the “Consultation Paper on Realising efficiencies and streamlining in the Environmental Protection Act 1994 (EP Act) and other Portfolio Amendments”, the overall intent was something we have been requesting for years.

We had a cache of case studies and issues that we have been stockpiling for just this opportunity and managed to squeeze most of them into the submission format. AMEC’s submission supports a new transitional category for Progressive Rehabilitation and Closure Plan (PRCP) schedules, to allow for better post-mining outcomes.

POST MINinG OUTCOMES

This was a major topic when I met with Andrew Powell, Minister for DETSI, at the former quarry now known as Cattana Wetlands in Cairns. I explained to the Minister how the current legislation would have seen this thriving wetland returned to its former use as a sugar cane farm, rather than preserved as a biodiverse and community-accessible environmental park.

Planning (Social Impact and Community Benefit) and Other Legislation Amendment Act 2025 commenced on 18 July 2025.

AMEC made a submission on the Bill that proposed to introduce a community benefit system.

We had a cache of case studies and issues that we have been stockpiling for just this opportunity

AMEC has been calling for “Levelling the playing field” to sensure large-scale solar and wind projects are subjected to similar approvals frameworks as Mining Projects.

EIS PROCESS

The existing EIS process already includes community consultation and community benefit. Also, the proposed approach does not establish a clear notification process and compensation mechanisms for mineral exploration companies.

These suggestions didn’t make it into the Act, however AMEC has released a larger piece of work on Coexistence that you will see in other sections of this publication to raise the profile of these issues. Our team will also be meeting with a variety of stakeholders in Canberra soon to discuss this further.

Kate Dickson E: kate.dickson@amec.org.au M: 0407 004 885

Andrew Powell, Minister for the Environment and Tourism and Minister for Science and Innovation and Kate Dickson

QLD news

Our office has worked diligently to deliver on all our responsibilities

QLD SUBMISSIONS

Realising efficiencies and streamlining in the Environmental Protection Act 1994 and other portfolio amendments

Queensland Waste Strategy 2025-2030: Less landfill, more recycling

Review of the Coroners (Mining and Resources Coroner) Amendment Bill 2025

Planning (Social Impact and Community Benefit) and Other Legislation Amendment Bill 2025

James Purtill Commissioner, Queensland Mine Rehabilitation

The Queensland Mine Rehabilitation Commissioner is an independent, statutory position appointed under the Environmental Protection Act 1994, which was created as part of the State’s wider mine rehabilitation reforms.

The commissioner and their office are responsible for producing leading practice technical reports, connecting with stakeholders and the community, reporting on trends and data, and advising the Minister, on mine rehabilitation matters.

Since I was appointed as the inaugural commissioner in late 2021, our office has worked diligently to deliver on all our responsibilities, with a particular focus on providing leading practice advice on priority areas for industry including post-mining land uses (PMLUs), water management and final landforms.

Our research on PMLUs has focused on commonly proposed land uses including grazing and native ecosystems, with an effort to ensure social, economic and environmental outcomes are maximised on rehabilitated land.

With regard to water management, our advice to date has revolved around leading practice approaches to managing water to minimise long-term environmental risks, and where required, sustain a PMLU.

Finally, the work we have undertaken on final landforms has encompassed a broad range of topics with the ultimate aim of ensuring that final landforms can sustain the desired PMLU or ensure non-use management areas meet best practice management.

Our office continues to engage regularly with industry and appreciates all the input and feedback we have received since our inception.

We look forward to continuing to work closely with industry to understand the priority research areas and how we can improve to ensure we continue to produce beneficial and practical advice.

James Purtill Commissioner, Queensland Mine Rehabilitation

FEATURE ARTICLE

Ryan Rampling National Manager – Media & Communications

Levelling the Playing Field CALLS FOR COEXISTENCE ON AUSTRALIAN LAND

There has never been so much pressure on Australian land. A newly released report by Modifying Factors, commissioned by the Association of Mining and Exploration Companies (AMEC), paints a vivid picture of the mounting tensions between traditional industries of mining and agriculture and the surging wave of renewable energy projectsall vying for access to the same land.

The report, titled Congested & Contested: Coexistence is the key to unlocking productivity, underscores the real economics at stake, with Australia’s major land-based industries delivering a massive $493 billion to the national economy last year. A figure now threatened by rising uncertainty, delays, duplication, and conflicts over land use.

AMEC Chief Executive Officer, Warren Pearce, commented, “This is an emerging issue replicated across Australia. It simply is not going away, and change is needed.” He explains that “we have many competing uses for the land, no consistent rules, and established industries that have provided the foundational base of our economy, are forced to play second fiddle to rapid renewables expansion.”

Even though Australia, at 7.7 million square kilometres, is the sixth-largest landmass in the world, the report calculates we would need more than “two Australia’s” to allocate exclusive access to all existing land users.

And it isn’t slowing down, with a 2777% growth in large-scale solar generation from 2016 to 2023. And in order to meet our energy goals of the future we need to build about 40 wind turbines every month, and 22,000 solar panels every day.

Report author Geoff Deans says, “Making sense of this complex situation is a key step to building the common understanding and language required to unlock productivity.”

Figure 1 - Congested and Contested Report

Established industries that have provided the foundational base of our economy, are forced to play second fiddle to rapid renewables expansion

He adds, “Our research demonstrates there is a real opportunity to transition from the mindset of exclusivity to productivity.”

The disparity in timelines between sectors is also highlighted. Mining projects face protracted lead times of over 16 years from exploration to development. Meanwhile, renewables advance far more quickly, with onshore wind farms complete in just over eight years, and solar farms even faster at five and half years. (See Figure 1)

Renewable energy projects are being waved through with what many describe as a rubberstamp mentality, as governments push to meet net-zero targets. Mr Pearce added, “It’s not about stopping renewables. It’s about making sure all projects, across all sectors, follow the same fair process, so we can get on with building a productive future.”

In the rush to transition to a clean energy future, the engine rooms of Australia’s sustained economic strength are being overlooked, having contributed ongoing jobs, exports, and royalties.

Renewables, while essential to the energy future, often bring limited ongoing employment and no enduring royalty revenue. According to Mr Pearce, “It’s time to level the playing field.”

The report proposes a clear solution for a national policy response that brings coordination across states and territories, avoids duplication, and ensures all land users operate under fair, transparent, and consistent rules.

Mr Deans argues, “Keeping doing what we are doing is a risk to productivity, social acceptance and realising our sovereign capability.”

Land in Australia is fundamental to commerce, culture, and community. It feeds us, powers us, and sustains entire regions. Under the current fragmented approach, land is congested, conflict-ridden, and plagued by costly delays.

But if coexistence is embedded into a national strategic policy, Australia can achieve its clean energy ambitions while protecting agricultural heartlands and ensuring that mining continues to power our economy.

Unearthing value.

Driving market growth through strategic, investor-focused communications

SA news

PETa ABBO T

Director - South Australia

AMEC’s submission on the Mining Act Review was shaped by a number of valuable member workshops. Your input made a real impact and sends a clear message to Government about the amendments needed to retain and grow a thriving mining industry in South Australia.

With the State election on 21 March 2026, time is tight for critical amendments to pass through Parliament this year. AMEC continues to ask Government to prioritise amendments to allow additional exploration licences beyond the current 18-year compulsory relinquishment.

We’ve also asked DEM for more consultation on other amendments, including Part 9B and moving to the Commonwealth RTN, the financial assurance framework and a new dispute resolution mechanism.

Minister Koutsantonis has indicated that he’ll meet with AMEC’s SA Advisory Committee soon to discuss the Bill that will go forward. We’re also advocating for better third party port access and the timing is good, while the Government is heavily involved in the Whyalla Industrial transformation.

M ining and Exploration Regulatory System (MERS)

This new portal launched in late July provides a modern digital platform that will streamline regulatory processes, providing more efficient interactions between industry and government.

With the State election on 21 March 2026, time is tight for critical amendments to pass through Parliament this year

Some early issues have been identified and I encourage you to contact DEM for support in the first instance.

B iodiversity Act

In late May, AMEC members joined me in meeting with the Deputy Premier, Hon. Susan Close MP, to discuss our submission. Key outcomes include, the removal of Conservation Agreements, introduction of an appeals process for native vegetation clearance decisions and Australian native plant inclusion by Ministerial discretion only.

The Act passed Parliament on 18 June and will be progressively proclaimed. AMEC has secured a seat on the peak stakeholder reference group, with a central role shaping regulations and policies over the next two years.

SA's Land-based Protected and Conserved Area Strategy

With biodiversity a key priority for this Government, DEW have released a Draft Strategy to ensure new additions to the state’s reserve system are targeted to enhance biodiversity and improve the longterm sustainability of the environment. Please contact me if you have feedback to include in the AMEC submission.

Peta Abbot E: peta.abbot@amec.org.au M: 0475 834 554

SA news

SA SUBMISSIONS

Murray Mallee Regional Plan

Limestone Coast Regional Plan

SA Mining Act Review

SA Museum Strategic Plan 2025-2030

Eyre and Western Regional Plan

Yorke and Mid North Regional Plan

Far North Regional Plan

Christopher Wood

Executive Director, Invest SA

South Australia is charting a bold course for the future with the release of its Trade and Investment Strategy to 2030. A blueprint designed to unlock new opportunities across key sectors, including mining and exploration.

This strategy outlines how the SA Government will collaborate with industry, business, and government partners to deliver impactful trade and investment outcomes. It focuses on leveraging our natural resources and industry strengths to meet global demand, while using government, diplomatic and regulatory frameworks to deliver results.

Invest SA, a dedicated unit within the Department of State Development, plays a pivotal role in attracting international, national, and local investment. In partnership with the Department of Energy and Mining, Invest SA is driving initiatives to support the expansion of South Australia’s mining sector.

Our state is home to economically demonstrated reserves of magnetite, copper, uranium, graphite, rare earth elements, and mineral sands, resources that are critical to the global energy transition.

South Australia is committed to being the easiest place to do business, and we’re proud to be recognised as one of Australia’s fastest-growing economies

We are excited to bring new projects and investment into SA which will ideally help our partners around the world produce inputs that will help them to decarbonise. South Australia has cultivated world-class capabilities in exploration, processing, manufacturing, and research, offering a compelling value proposition for investors across the supply chain. We see significant opportunities for trade and investment in:

• Exploration and production of minerals to support green iron and steel

• Development of advanced processing hubs for critical minerals

• R&D collaboration in processing, manufacturing, and industrial decarbonisation

• Strategic partnerships in mining equipment, technology, and services (METS)

Our team works closely with project proponents and businesses to streamline approvals and connect them with strategic partners to scale operations. South Australia is committed to being the easiest place to do business, and we’re proud to be recognised as one of Australia’s fastest-growing economies. If you’re exploring opportunities in South Australia, I’d welcome the chance to connect and discuss how we can support your growth.

Christopher Wood Executive Director, Invest SA

VIC & TAS news

Stuart Glazebroo k

Director - Victoria & Tasmania

v ictoria & TASMANIA

In a busy period for Australia’s mineral exploration sector, several key developments have emerged across Victoria and Tasmania.

AMEC recently submitted feedback to the Department of Environment, Energy and Climate Action (DEECA) following Resources Victoria’s release of a Regulatory Impact Statement.

The statement proposes a 234 per cent increase in fees across all mineral activity categories to fully recover compliance service costs.

These changes are embedded in the draft Mineral Resources (Sustainable Development) (Mineral Industries) Amendment Regulations 2025, set to take effect from 1 October 2025.

To better support the resources industry navigate through the regulatory processes, Resources Victoria has launched a new Application Guidance Hub.

Developed in consultation with stakeholders including AMEC, the Hub streamlines exploration, mining, and quarry applications.

Users can filter guidance materials by industry, action, or topic, helping ensure complete submissions and faster assessments.

The statement proposes a 234 per cent increase in fees across all mineral activity categories to fully recover compliance service costs

This initiative is part of the Victorian Government’s Business Acceleration Fund.

Meanwhile, Mineral Resources Tasmania (MRT) has retired its legacy map systems, consolidating access through the State Growth Map Portal

The new platform offers spatial web apps and GIS data, allowing users to explore geology, tenements, geophysics, geohazards, and more.

It supports both pre-prepared datasets and custom mapping, marking another step in modernising Tasmania’s mineral sector.

In support of greenfield exploration, seven projects have been awarded a total of $497,500 in Round 11 of the Exploration Drilling Grant Initiative (EDGI).

Since its launch in 2018, the EDGI has distributed approximately $2.1 million in grants, and with Round 10 still active, is expected to bring total investment to $2.5 million.

Stuart Glazebrook

E: stuart.glazebrook@amec.org.au

M: 0402 216 835

VIC & TAS SUBMISSIONS

Cost Recovery for the minerals industry. Fees review

VIC & TAS news

All prospects lie within the economic footprint of the existing Stawell processing plant, offering shorter pathways to production

Campbell Olsen Executive Director, North Stawell Minerals

North Stawell Minerals Ltd (ASX: NSM) is an Australian gold exploration company focused on discovering large-scale, highgrade deposits within the Stawell Mineralised Corridor in Victoria.

We hold 504 km² of granted tenure just north of the historic Stawell Gold Mine, which has produced over five million ounces of gold over 110 years.

We are exploring exclusively within this proven jurisdiction, leveraging the geological model of the prolific Magdala orebody. All prospects lie within the economic footprint of the existing Stawell processing plant, offering shorter pathways to production.

NSM’s strong relationship with Stawell Gold Mines, from which it was spun out in 2020, further supports its strategy.

We are currently targeting shallow, multimillion-ounce mineralisation opportunities beneath Murray Basin sediments, using the “Stawell-type” gold model to explore a 51km strike extension.

These sediments preserve potential ore bodies, with basalt dome margins, key structural controls, identified via advanced geophysics for precise drill targeting.

Partnering with CSIRO, we are using cuttingedge geophysical and mineral systems modelling to identify fault zones likely to host gold-bearing fluids. This 3D “plumbing system” model improves targeting efficiency and reduces discovery timelines and costs.

Recent drilling at the Darlington Project confirmed both Stawell-style and Marinersstyle systems, just 6km from the Stawell operation. At Wildwood, reviews highlight its potential as a viable satellite deposit.

Following a successful capital raise, the team and I believe we are well-positioned to advance exploration, combining deep geological knowledge with modern techniques to sustainably uncover Victoria’s next major gold system.

Campbell Olsen Executive Director, North Stawell Minerals

OPINION

WARREN PEARC E Chief Executive Officer

MINERS NOT INFINITE CASH COWS APPEAL AGAINST SUPREME COURT WA DECISION

It might not dominate national headlines, but a recent decision by the Supreme Court of Western Australia in Shire of Mount Magnet v Atlantic Vanadium Pty Ltd, sent shockwaves through the state’s resources sector.

The court ruled that local councils can now slap extra rates on companies under ‘Miscellaneous Licences.’ A category of rates previously off-limits and meaning companies could be paying twice for the same block of land they have leased.

This could amount to a staggering $50 million per year hit on the resources sector, and if backdated more than $200 million could be immediately demanded by local governments.

After some robust advocacy by our Association, thankfully the Western Australia State Government moved swiftly to protect the sector. Earlier this month they moved to amend the Local Government Act 1995, to exempt Miscellaneous Licences from council rates.

This restores clarity and aligns with the intent of the original legislation and we thank the government for its action on this matter.

There has never been any doubt about our companies paying their fair whack. It was about making sure councils weren’t trying to milk our industry because it is successful.

We all agree. Absolutely we should be paying our fair share. And we are.

But to those in the resource sector and to anyone watching local government with even one eye open at the moment, it raises some serious questions. And it’s not just the loopy stuff we’ve seen in local government lately.

It raises questions about fairness, governance, and just how far councils should be allowed to go when they need to dig up extra cash.

And what exactly is happening in local governments that require them to constantly be looking to raise more revenue from the mining industry?

Just a couple of months ago, the Shire of Coolgardie tried to hike rates by 120 per cent before copping a back hander from the Local Government Minister.

The problem is unfortunately pretty simple, many remote local governments just aren’t financially sustainable. And that’s not necessarily their fault.

They rely on limited State and Commonwealth funding, and try to make up the rest in rates, which is manageable in a metropolitan area, with a large and growing rates base and diverse range of industries.

In regional and remote WA, it is getting harder and harder. Shrinking populations and vast areas to cover.

And the only means to lift revenue, is to increase your residential rates. Or, hit the mining and exploration sector again and again.

But let’s be clear. The exploration and mining industry already pays rates and fees to local councils. And we pay a lot, an awful lot.

We’ve always paid local government rates on mining, exploration and prospecting licences, a much higher rate in the dollar than any other industry, or rate paying group (often twice as much). Our contribution is often greater than the rest combined.

We are the top rate payers in regional Australia. In many remote areas, the mining and exploration industry pays as much as 80 to 90 per cent of the entire rates collected.

So, we’re definitely paying our fair share.

If the State Government didn’t step in, our fear was that many local governments would seek to utilise this loophole to its full extent, given the financial challenges they face.

The resources sector shouldn’t be an easy target.

Just because some councils are facing tight budgets or internal messes, doesn’t mean they should turn to the resources industry to pave over their financial issues.

The harsh reality and broader discussion I’ll save for another day, is that there are too many local governments. And perhaps it’s time to reduce the number across the state.

The exploration and mining industry already pays rates and fees to local councils. And we pay a lot, an awful lot

The Supreme Court’s ruling doesn’t automatically make all charges reasonable, it just makes them legal.

Giving more taxing powers to local councils without stronger governance is like handing out matches in a fireworks factory.

WA needs its mining and exploration sector to thrive. Not just for jobs and royalties, but for the thousands of businesses, families, and communities that depend on it.

That means fair, transparent and predictable regulation.

Not opportunistic cash grabs from the cash cow.

NSW news

Kerry Atkin s

Director - New South Wales

Land access remains a key priority for NSW members. The NSW Resources Minister has agreed with industry concerns about the process, in particular that the explorer bears all of the costs with no incentive for the landholder to come to a fair and reasonable agreement.

There are currently a range of measures under review, including capping the costs for mediation and arbitration and amending the legislation to cap timeframes for mediation and arbitration. This would be a fantastic result for NSW and would remove some of the uncertainty that drives investment away. We look forward to seeing action on this issue. With access to land being essential for the industry, we’ve also made proactive recommendations in response to the proposed Great Koala National Park, including:

• Industry representation on any future advisory panels

• Reassessing Park boundaries to exclude high prospectivity areas and existing tenements

• Retaining some State Forests to support co-use where possible

• Broadening consultation before land tenure decisions are finalised

Exploration Code of Practice

The Resources Regulator has released the final draft of the updated Exploration Code of Practice. Pleasingly, it incorporates many of AMEC’s suggested changes and largely removes the original proposed amendments.

This would be a fantastic result for NSW and would remove some of the uncertainty that drives investment away

M inisterial Advisory Com mittee

Following AMEC’s advocacy in late 2024, the NSW Government has established a Ministerial Advisory Committee to provide a regular channel for industry input. The first meeting is scheduled for late August at NSW Parliament House. This is a great initiative as meaningful change is often sparked through face-to-face conversations.

R oyalty Deferral Scheme

The new critical minerals royalty deferral scheme commenced on 1 July 2025, offering a five-year deferral for eligible projects, with a total cap of $250 million. Key eligibility includes:

• Holding a mining lease for critical minerals

• Market valuation under $5 billion

• Critical minerals not previously mined on the lease

Kerry Atkins

E: kerry.atkins@amec.org.au

M: 0403 468 994

NSW SUBMISSIONS

Charge on mining lease for unpaid royalty and security deposit

Exploration Code of Practice Community Consultation

NSW plan for nature independent review

NEIL VAN DRUNEN Head of National Policy

It has officially been one year since Lia Finocchiaro led the Country Liberal Party to a landslide victory in the Territory. While great focus has been placed on the need for faster approvals across the whole of government, challenges remain.

FAST TRACK TASKFORCE

The Approvals Fast Track Taskforce has handed down its “Saying ‘Yes’ to Business” report, outlining 70 recommendations to improve the approvals process across multiple industries.

This report highlights a number of issues that members are experiencing both within the Departments and the wider mining and exploration landscape of the Territory.

We recently provided a submission to the Risk Criteria and Standard Conditions for Exploration consultation.

With the consultation period now closed, we’re optimistic about the potential for meaningful reform and positive change that supports quicker, more responsive exploration practices.

TOP END TRIP

In a recent trip to the Top End, AMEC met with the Deputy Chief Minister’s Ministerial Advisor for Mining, Elliot Foley and reiterated the potential for a reduced rental fee scheme.

We’re optimistic about the potential for meaningful reform and positive change

The Minister remains open to the concept, and we are seeking a meeting with Treasurer Bill Yan to discuss.

Looking ahead, AMEC is proud to be attending the annual NT Resources Week and Mining the Territory conference in early September.

I’ll be presenting on the current state of the industry and sharing insights into what lies ahead. Joining me will be Senior Policy Adviser Nicolas Parry and Membership Manager Jenny Johnson.

We look forward to seeing many of you there.

Neil van Drunen

E: Neil.vandrunen@amec.org.au

M: 0407 057 443

Neil van Drunen, The Hon. Lia Finocchiaro Chief Minister of the Northern Territory

MEMBER FOCUS

AIC MINES

DEMAND FOR COPPER SET TO BOOM

With copper emerging as a critical mineral for the global energy transition, few people are more passionate about its future than AIC Mines Managing Director and CEO, Aaron Colleran.

AMEC member AIC Mines is positioning itself at the forefront of the next wave of Australian producers. Under the leadership of Aaron Colleran, AIC is in the midst of a growth phase, aiming to double copper production over the next two to three years, supported by a recent $65 million equity raising and US$40M prepayment facility.

In this interview, AMEC’s National Manager of Media, Ryan Rampling, speaks with Aaron about AIC’s unique positioning as a miner, explorer and developer. He also delves into what makes the Eloise and Jericho deposits so special.

Aaron explains the company’s approach to unlocking value from small to mid-sized assets, and how their Queensland projects are helping to define that progress.

Viewers will also get an insight into the company’s flagship Jericho resource and the role Queensland’s CopperString project will have on transforming operations into the future. As Aaron puts it, the shift away from diesel and into grid power isn’t just costeffective, it’s “a game changer,” not only for AIC but for the wider industry.

This interview isn’t just about numbers and strategy, but shows the personal side of leadership in mining. Aaron talks about the importance of skin in the game, a board and management team who are shareholders, and the deep commitment driving AIC Mines forward.

With candid reflections, bold predictions, and a clear vision for the future of copper, this conversation is essential viewing for anyone interested in the resource sector, electrification, and where the next wave of growth will come from.

Watch the full interview now to find out more about the AIC Mines journey.

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Eloise Copper Project - North Queensland

AMEC events

Gary Lo w National Events Manager

The AMEC Awards began in 1993 with the creation of the prestigious Prospector Award, established to recognise exceptional endeavour in mineral exploration in Australia.

More than 30 years on, the Awards have grown to reflect the diversity, values, and innovation shaping Australia’s mineral exploration and mining industry.

In 2025, AMEC will once again honour the individuals and companies making real differences across six categories: Prospector, Environmental, Community Contribution, Diversity and Inclusion, Aboriginal and Torres Strait Islander Empowerment, and Media.

More than 30 years on, the Awards have grown to reflect the diversity, values, and innovation

Whether nominating yourself or a company, it’s an opportunity to reflect on your achievements and gain recognition from peers and industry leaders.

Winners will be announced at the AMEC Awards Dinner on Friday, 5 December at Crown Towers Perth, during a night of celebration and inspiration for the industry.

Download the Nomination Kit here for more information and submit your free nomination by 19 September.

Tickets to the dinner can also be purchased here.

Gary

Low

E: gary.low@amec.org.au

M: 0403 044 303

upcoming AMEC eventS- HIGHLIGHTS

AMEC IN ATTENDANCE

PARTNER ARTICLE - GALLAGHER

Anthony Warman Executive Manager Corporate Benefits, Gallagher

DIGGING DEEP INTO GROUP INSURANCE

Just as you insure your car or your home, insuring yourself can provide peace of mind for when you are unable to work. Life, Total and Permanent Disability (TPD), and Income Protection insurance can help individuals, and their families manage the financial impact of unforeseen life events.

For Australians in the mining industry, obtaining individual insurance coverage can be particularly challenging.

Those working underground, handling large machinery such as dump trucks and boggers, dealing with explosives, or working remotely via FIFO and light planes it’s potentially impossible to secure coverage and if coverage

Many employers are increasingly seeing the benefit of providing insurance for employees under a group policy

is available, it often comes with high premiums or specific exclusions.

Additionally, with changes in legislation in the last five years, if individuals look for cover under their superannuation plan it may result in minimal or no cover.

As such, many employers are increasingly seeing the benefit of providing insurance for employees under a group policy. As an employer, offering insurance can be a useful component in building your attraction and retention strategy. In fact, since many larger resource companies provide it, having it is nearly essential to remain competitive.

Cover that provides protection 24 hours a day, seven days a week, anywhere in the world — even while they are on leave

With group plans, many employees have an automatic level of cover in place, meaning most employees do not need to undergo medicals and / or receive exclusions from health and family history. It also provides cover that provides protection 24 hours a day, seven days a week, anywhere in the world — even while they are on leave.

Many employers find it especially beneficial to partner with an expert, as they can help structure a group plan so that it can encompass return-to-work initiatives, retraining programs, integrated health and wellbeing programs, rewards schemes, and educational programs to ensure comprehensive understanding of the offerings.

See how an expert like Gallagher can help your organisation. Whether you need to review your existing insurance arrangements or establish a new policy, our team is here to help.

Learn more about Gallagher here.

*The information and any advice in this article does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. When considering whether to acquire a financial product, before making any decision, you should obtain the relevant product disclosure statement.

team amec

After two and a half years with AMEC, we regrettably say goodbye and good luck to Linda Peng, as she embarks on the next chapter of her career as a fully fledged geologist.

Linda joined our team in NSW, where she started her degree, before moving west to complete her studies at UWA.

During her time with us, Linda made an important contribution across many areas of AMEC’s work. She played an important role in preparing policy documents and submissions, collecting and analysing data from members, and assisting the entire policy team.

We will always remember her energy, can-do attitude, and willingness to tackle every task with enthusiasm and a smile.

Her passion for the resources industry is reflected in the connections she built, also becoming an active member of the Young Mining Professionals of WA, supporting the next generation of industry leaders.

We will miss Linda around the office, but we know she will thrive in her chosen field. On behalf of the entire team, we wish her every success as she takes this exciting step into geology.

Linda Peng with AMEC team at Roy Hill member visit

MEMBERship & SPONSORSHIP

JENNY JOHNSON

Manager – Membership & Sponsorship

Western Australia, South Australia & Northern Territory

E: jenny.johnson@amec.org.au

M: 0426 970 904

MEMBER UPDATE

AMEC membership goes beyond access, it’s about influence. Member contributions to AMEC surveys and policy feedback help shape advocacy efforts that drive real change.

This shared collective strengthens our sector, improves regulatory outcomes, and creates a more supportive operating environment for our members.

Our annual AMEC Award Nominations are open, which means, it’s not long until our annual celebration of our sector, for our sector.

Do you want to secure a table of 10, or see your company name up in lights, by sponsoring an award, or part of the event?

Sponsoring an AMEC event is a powerful way to build reach and awareness for your brand, and connect with Australia’s mining and exploration community.

Manager – Membership & Sponsorship

Queensland, New South Wales and Victoria E: jane.noble@amec.org.au

M: 0429 231 117

As an AMEC member, your sponsorship directly supports the member network while positioning your company among trusted industry leaders.

Create exposure across our sector, whether it’s sponsoring an award, a networking event, or a national webinar. Your brand will be featured in event material, digital promotions, on-site, and across social media channels. High-impact exposure to decision-makers and influencers.

Explore tailored sponsorship packages by visiting the AMEC Event Sponsorship page or contacting the AMEC team directly.

We can’t wait to see members at our upcoming events and conferences throughout Australia.

JANE NOBLE

NEW FULL MEMBERS

A huge welcome to all our new Full Members. AMEC looks forward to working with your team on the many issues, policy proposals, and legislative and regulatory changes that impact you directly and our industry as a whole. With each new member we become stronger as an association, with a louder voice to represent the concerns of the mining and exploration sector. See the full list here.

HORIZON GOLD LTD

Horizon Gold explores and develops the Gum Creek Project in WA, targeting expansion of its 2.14Moz gold resource and VMS potential.

https://horizongold.com.au

MAMBA RESOURCE MANAGEMENT PTY LTD

Premium iron ore drives sustainability, supports environmental responsibility, empowers Indigenous communities and enhances Australia’s long-term national economic security.

www.mamba.net.au

SINOSTEEL URANIUM SA PTY LTD

Sinosteel has been exploring the Curnamona in SA since 2007, originally focussing on Uranium and more recently Cu-Co-Au and Magnetite.

https://en.sinosteel.com

SPONSORSHIP OPPORTUNITIES

ILTANI RESOURCES LIMITED

Iltani Resources explores high-grade silver, indium, and critical minerals in Australia to power a clean energy future.

https://iltaniresources.com.au

QMINES

QMines is advancing sustainable copper and gold production in Queensland, aiming to become Australia’s first zero-carbon metals producer.

https://qmines.com.au

WARATAH MINERALS LIMITED

Waratah Minerals is focused on its flagship Spur Gold and Copper Project in the East Lachlan region of New South Wales.

www. waratahminerals.com

Sponsorship opportunities are available at AMEC events to help businesses boost visibility and reach a targeted, relevant audience. Contact our Sponsorship Team by email: jenny.johnson@amec.org.au or jane.noble@amec.org.au

SPONSOR EVENTS HERE >

NEW ASSOCIATE MEMBERS

A huge welcome to all our new Associate Members. AMEC looks forward to working with your team to highlight the important services and products you provide to the mining and exploration industry. With each new member the Association grows its support base and gains a louder voice, which results in greater representation for the essential work of the resources industry. See the full list here.

CHES POWER GROUP PTY LTD

Ches Power Group supplies and services mechanical and electrical power systems for marine, mining, oil, gas, and agricultural industries.

https://www.chespower.com.au

DELTAPEARL PARTNERS

DeltaPearl Partners advises mining industry and governments globally on economics, strategy, ESG, approvals, financing, procurement, and public policy.

https://deltapearlpartners.com

MINE EARTH

Mine Earth provides integrated environmental, engineering, geoscience and geospatial services to deliver lasting solutions for mining environmental challenges.

https://www.mineearth.com.au

PAINTED DOG

A hunger for insight. We solve commercial and social challenges using state-of-the-art analytics, primary research, neuroscience and data science approaches.

https://painteddogresearch.com

COMMUNITY ENGAGEMENT

Community Engagement supports Australia’s resources sector by negotiating land access and fostering respectful relationships with Traditional Owners across multiple states.

https://communityengagement.com.au

IMPACT DRILLING SERVICES

Impact Drilling provides professional drilling services across Western Australia, specialising in RC, AC, Slimline RC and Water Well Drilling.

https://impactdrilling.com.au

MINERS PROMISE

Miners’ Promise provides trauma-informed emotional, practical, and financial support to mining families facing bereavement, crisis, or workplace tragedy.

https://www.minerspromise.org.au

SUREFIRE INSURANCE BROKERS

Surefire Insurance Brokers is a leading provider of comprehensive insurance solutions across Australia since 1997, delivering tailored and expert advice with a claim first approach.

https://surefireib.com.au

ADVERTISE IN EXPLORER

Like what you see in Explorer Magazine? Want to reach an engaged and curious audience? Get in touch with our team today to explore exciting advertising opportunities that will showcase your brand to thousands of loyal readers.

Requests for advertising email: kate.dickson@amec.org.au or ryan.rampling@amec.org.au