Funding for the WA Exploration Incentive Scheme (EIS) to be terminated 

There has been considerable commentary over the past year that the WA Government would cease the funding for the Exploration Incentive Scheme (EIS).

The Association of Mining and Exploration Companies (AMEC) is concerned that termination of the EIS will have a catastrophic effect on the capacity of the GSWA to promote and develop the mineral potential of WA for the benefit of all West Australians. Fifty percent of the EIS funds are currently directed to the Co-funded Exploration Drilling program and 50% is used to generate pre-competitive information such as gravity data, aeromagnetic surveys, EM surveys, seismic surveys and specialized geological reports, maps and 3D geological plans.

Click here for further details of the proposal and what AIG members can do to support AMEC’s efforts to preserve the EIS.

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