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All the latest news from Energy & Resources Law

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Amendments to Native Title Act give industry stability

Recent amendments to both the Native Title Act 1993 (Cth) and the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth) (CATSI Act) are intended to better resolve Native Title claims and provide stability for industry.

The Native Title Legislation Amendment Act 2020 addresses the problems caused by the McGlade decision as they relate to ‘right to negotiate’ agreements or section 31 agreements.

 

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Final Report of the Independent Review of the Environment Protection and Biodiversity Conservation Act

The Final Report of the Independent Review of the Environment Protection and Biodiversity Conservation Act 1999 (the EPBC Act) has now been released to the public. The report, delivered by Professor Samuel, contains 38 individual recommendations to be implemented over two years.

In a recent media release, the Minister for the Environment, Sussan Ley, said that 'the Government was committed to working through the full detail of the recommendations with stakeholders.’

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What is concerning mining and metals industry executives today?

Recent surveys conducted in the mining and metals industry sector indicate that climate change, price volatility and the risk of a global depression are the top concerns for executives.

The KMPG Mining Risk Forecast 2020/21 Report nominates climate change and price risks as top-of-mind for executives while a mid-year survey by White & Case found that the fear of a global recession was the most common concern amongst those surveyed. It’s worth noting that the KMPG survey was conducted before the COVID-19 pandemic. However, the concerns raised have ongoing relevance both now and into the future.