New restrictions on forward looking statements introduced by the Australian Securities and Investments Commission (ASIC) have attracted criticism by junior sector exploration and mining companies.  The Australian (16 May 2016) reported that the Association of Mining and Exploration Companies (AMEC) is preparing to appeal directly to federal Resources Minister Josh Frydenberg for intervention over the regulator’s latest

The Exploration Development Incentive (EDI) legislation passed through Parliament earlier this year and is effective from 1 July 2014. Companies who believe they are eligible should be recording their eligible greefields mineral exploration expenditure and submit to the Australian Taxation Office (ATO) by 30 September 2015. The Association of Mining and Exploration Companies (AMEC) held

“The  Mineral and Petroleum Exploration, Australia June 2014 quarter  report released today by the Australian Bureau of Statistics shows a slight increase in mineral exploration expenditure and metres drilled on the back of consistent decreases,” said Simon Bennison, Association of Mining and Exploration Companies CEO. “This is not surprising given exploration is a seasonal industry

The Geological Survey of Queensland has announced five projects selected from the second round of submissions to the Queensland Government’s Government’s Future Resources Program Industry Priorities Initiative that will be implemented by the survey in coming months.  The projects were selected on the basis of having the greatest perceived potential to have significant positive impacts on

The government’s proposed Exploration Development Incentive was confirmed in the 2014 Budget. The Federal government proposes to provide $100 million over the next three years ($25, $35, $40 million) to further stimulate investor and exploration company activity by enabling investors to deduct the expense of minerals and energy exploration against their taxable income. The Exploration Development

Queensland resources sector has welcomed an agreement signed today with the Queensland government that takes a long-term view to develop the state’s minerals and energy wealth to its full potential. Chief Executive of the Queensland Resources Council Michael Roche said the signing of ResourcesQ, a 30-year vision for the sector, was an important blueprint for