Section 33Part 3 — Mining
Grant of a mining lease
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The Governor may, in his discretion, grant a mining lease subject to such covenants and conditions (which may include the payment of any financial consideration) as he may think fit to any person who himself holds a prospecting right or a licence, or to any person whose agent is the holder of a prospecting right:
where the applicant is the holder of a licence, the area of the lease applied for shall be wholly within the boundaries of that licence.
Application for a mining lease shall be made in the prescribed form and manner and subject to the prescribed conditions.
The Governor may require an applicant for a mining lease to satisfy him that he possesses or commands sufficient working capital to ensure the proper development and carrying on of mining operations on the area applied for, and for the payment of any compensation which may be payable to the owners or occupiers of the land in respect of which the lease is required, and may require any reports on the area made by prospectors or engineers to be submitted for his information; and in the event of the applicant failing so to satisfy the Governor, the Governor may refuse the application but the applicant may make a new application at any time.
A mining lease shall be granted for a specified mineral only:
the Governor may, in his discretion, include by endorsement on the lease other minerals.
Mining leases shall be of such kinds or classes and shall be subject to such terms or conditions and in respect of such areas or boundaries as may be prescribed, and special provisions may be prescribed in relation to the persons to whom a mining leases may be granted for specified minerals.
Defined Terms
mining leaseprospecting rightlicenceGovernormineral