16 August ARELJ Article- Golden Pig: The continuing effects of Forrest on the Western Australian Mining Industry August 16, 2022 By AMPLA Admin ARELJ, General, Mining ARELJ, MiningAct, HighCourt 0 Mihali Palassis Senior Associate, Lavan Mining tenement holders must be aware of the strict requirements set out under the Mining Act 1978 (WA) in respect of tenure. Complacency as to compliance may result in tenure being declared a nullity, or invalid: a proposition which poses serious corporate risk to core company assets. The High Court’s decision in Forrest & Forrest v Wilson is often cited, though its reach is frequently underestimated. This paper considers and analyses recent case law which may clarify the ongoing, broader impact of that decision and the serious practical consequences of non-compliance with the statutory regime. Member Login Required to Access Case Note Read More Related Articles ARELJ Article- Managing water resources in times of fracking: Regulation and reform in Western Australia Victorian and Western Australian State Budgets In recent weeks we’ve seen both the Victorian and Western Australian Governments deliver budgets for their State. Both have included significant investments in the energy and resources sector. In Victoria, the budget has signalled the importance of the mineral industry to regional development. Victorian mines directly contribute $510 million into the state economy in 2020-21. 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. How COVID-19 could change mining for the better The mining industry was deemed an essential service by the Government, which has enabled it to continue to operate during the COVID-19 pandemic. However, this hasn’t been without its challenges. New processes and procedures were required to address safety and social distancing and issues of supply and worker mobility have impacted how the industry operates. But with adversity comes opportunity and the mining industry has thrived and realised the potential for new improvements amidst the pandemic. Digital transformation in mining and energy As the global shift to remote work gathers pace, it is more important than ever that the mining and energy sector embraces technology. But a digital transformation offers more than flexible working arrangements. It has the potential to drastically cut down on industrial accidents, optimise operational processes and slash costs. ARELJ - Article - The Great Space Rush: Regulating Space Mining Showing 0 Comment Comments are closed.