When it comes to mining and exploration tenement renewals, preparation, precision, and timing are everything. At AMETS Tenements & Geoservices, we had a record-breaking success story thanks to the incredible efforts of the AMETS WA Team. Their renewal application was approved by DEMIRS just one day after submission lodgement—a very rare feat in the mining industry. This achievement highlights the importance of a high-quality approach to the renewal process.
Here are 5 key takeaways from this exceptional result that can help you set up your renewal applications for success:
1. Submit High-Quality Renewal Applications
The foundation of a successful application is the quality of information received from clients to include in submissions.
Claire Brook, AMETS WA Senior Tenement Manager noted, “The key to our quick approval was the attention to detail on every part of the application which makes the renewal submission of the highest quality. Every detail was meticulously prepared to meet regulatory requirements and exceed expectations.”
Investing the time to ensure your documentation is accurate, comprehensive, and professionally presented can save you significant delays.
2. Timely Lodgement of Expenditure Reports
One factor that contributed to this record-breaking approval was the early lodgement of the expenditure report. Instead of waiting until the end of the standard 60-day post-anniversary period, the report was lodged immediately after the anniversary date.
“Timely lodgement of reports demonstrates to the regulator that you’re proactive and well-organised,” Claire explained. “This step sends a strong message about your commitment to compliance. DEMIRS can and often will await the lodgement of the expenditure report to confirm a holder has met commitment in the final year, prior to approving the renewal application. By getting this lodged directly after the anniversary date, it can reduce the 60-day waiting period.”
3. Demonstrate Work on the Ground
Another critical component of the successful renewal was the work completed on the ground by the client. Regulators often look for tangible evidence that exploration or mining activities have been carried out within the term of the tenement.
“Having real, demonstrable results from on-ground work gives your application extra weight. It shows that the tenement is being actively utilised for its intended purpose. It tells a story- This activity was completed, these were the results and from there, further programmes were put in place. If you don’t use it, you lose it in WA, so ongoing activities are essential to the renewal process.” Claire shared.
4. Communicate Clearly and Consistently
Clear communication with stakeholders, including regulators, is essential throughout the renewal process. Maintaining open lines of communication ensures any questions or concerns can be addressed promptly, minimising potential delays.
5. Partner with Experts
Navigating the complexities of renewal applications can be daunting. Engaging experts who understand the nuances of mining tenements and compliance requirements—like the team at AMETS—can make all the difference.
Final Thoughts
Claire Brook’s record-breaking renewal approval is a testament to what’s possible when best practices are applied to the renewal process. By focusing on quality, timeliness, and demonstrating on-ground activity, you can significantly improve your chances of a swift and successful outcome.
If you’re looking for expert guidance on mining and exploration tenement renewals, reach out to AMETS Tenement & Geoservices team at [email protected]
