presentation for what’s down the track presented by tracy browning managing director phone: 08...

Presentation for What’s Down the Track

Presented by Tracy BrowningManaging Director

Phone: 08 9091 8525Email: tracy@getmining.com.au

Opportunities

• Changes to DMP Regulations• Mining Rehabilitation Fund• Mining Exploration Tax Credit

Changes to DMP Regulations

•Partial Surrenders•Miscellaneous Licences•Renewals of licences•No longer need to Advertise applications

• Exploration Licences• Prospecting Licences• Mining Leases• General Purpose Leases• Miscellaneous Licences

Mining Tenure

Mining Rehabilitation Fund• Government liability for abandoned mine sites• 100 per cent bonding unpalatable, insurance option inappropriate• Will replace UPB’s in most cases• Bond Retirement reaches $100m milestone• 600 tenement holders voluntarily registered

Information provided by Government of Western Australia Dept of Mines and Petroleum

Leaving a Positive Legacy

Mineral Exploration Tax Credits

Australia’s current mines are coming to the end of their lives and not being replaced at a sustainable rate. Australia’s share of global exploration has reduced from 21% in 2002 and now it stands at 12%.

• 7 years to convert discovery into an operating mine• Coalition will introduce Exploration Development Incentive on 1 July 2014• AMEC advocating for proactive tax reform measures• Proposed changes will assist in making Australia globally competitive

Information provided by AMEC

OUR TEAM

Our Personal Guarantee to You

We promise to deliver a precise and comprehensive service based on a foundation of integrity

We take pride in how we do business

With strong values and scrupulous attention to detail, GETS will keep your mining code in good standing and progress your projects to mining sooner.

When ‘best possible standing’ is all that matters to you, choose GETS to deliver excellent tenement management services, providing you with security, statutory compliance and ultimately, profitability.