Mining Amendment Regulations (No. 5) 2004 (WA)
| 360 | GOVERNMENT GAZETTE, WA | 28 January 2005 |
MINERALS AND PETROLEUM
MP301*
Mining Act 1978
Mining Amendment Regulations (No. 5) 2004
Made by the Governor in Executive Council.
1. Citation
These regulations are the Mining Amendment Regulations
(No. 5) 2004.2. Commencement
These regulations come into operation on 1 July 2005.
3. The regulations amended
The amendments in these regulations are to the Mining
Regulations 1981*.[* Reprint 5 as at 16 July 2004.]
4. Regulation 86 amended and saving provision
(1) The Table to regulation 86 is amended as follows:
(a) by deleting the item relating to ilmenite and inserting instead — (i) in the column headed “Mineral” —
“ Ilmenite (other than ilmenite feedstock
as defined in regulation 86AC)
”;
(ii) in column 2 —
“ 5% ”;
(b) in the item relating to “Any other mineral”, in the column headed “Mineral”, by deleting “within the meaning of regulation 86AA” and inserting instead — “
as defined in regulation 86AA and ilmenite concentrate as defined in regulation 86AC
”.
(2) Despite the amendment effected by subregulation (1), the Table
to regulation 86 of the Mining Regulations 1981 as in force
immediately before the commencement of these regulations
continues to apply for the purpose of determining the rate of
royalty payable for ilmenite produced before that
commencement.
28 January 2005 GOVERNMENT GAZETTE, WA 361 5. Regulation 86AC inserted
After regulation 86AB the following regulation is inserted —
“
86AC. Rates of royalty for ilmenite feedstock (1) In this regulation — “beneficiation plant” means a mineral processing plant located in Western Australia that produces or
is designed to produce upgraded ilmenite with an
average titanium dioxide content of not less than90%;
“ilmenite feedstock” means ilmenite concentrate
intended for use as feedstock in a beneficiation
plant that is owned or operated by —
(a) the producer of the ilmenite concentrate; or (b)
a body corporate which, in relation to that producer, is a related corporation.
(2)
For the purposes of this regulation ilmenite feedstock is of marketable quality if it is of a quality determined by the Minister, after consultation with the producer, to be suitable for sale without further processing or other
treatment. (3)
When ilmenite feedstock is produced from ilmenite that was obtained from a mining tenement, royalties shall be paid by the holder of, or applicant for, the
mining tenement. (4) The rate of royalty payable for ilmenite feedstock that
is of marketable quality is —
(a) if it is produced in the period beginning on of its value;
(b) if it is produced in the period beginning on its value;
(c) if it is produced in the period beginning on of its value; or
(d)
if it is produced after 30 June 2008, 5% of its value.
(5) The value of ilmenite feedstock for the purposes of
subregulation (4) is to be worked out using the method
determined under subregulation (6).(6) The Minister may from time to time determine a
method for working out the value of ilmenite feedstock
that takes into account prices obtained for ilmenite
| 362 | GOVERNMENT GAZETTE, WA | 28 January 2005 |
concentrate of the same or a similar grade to the
ilmenite feedstock.
(7) The rate of royalty payable for ilmenite feedstock that
is not of marketable quality is $1.50 per tonne adjusted
each year on 30 June in accordance with the F.O.B.
export price of all bulk ilmenite concentrate sales from
Western Australian production for the year ending on
that date when compared with the corresponding price
of all bulk ilmenite concentrate sales from Western
Australian production for the year ending on
30 June 1987.
”.
By Command of the Governor,
M. C. WAUCHOPE, Clerk of the Executive Council.
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