Industry will be required to fund rehabilitation

摘要

Following a four-year review into the current regime of environmental securities in respect of mining tenements in Western Australia ,the Government introduced into parliament the long-awaited Mining Rehabilitation Fund Bill 2012 (WA) on 15 August this year. When releasing the bill, Mines and Petroleum Minister Norman Moore said the State Government recognised that the current bond system was in urgent need of an overhaul to ensure adequate funding was available for mine site rehabilitation when operators failed to meet their environmental obligations. Minister Moore further commented that the mining rehabilitation fund established by the Bill was a part of the department's Reforming Environmental Regulation programme and would help deliver greater certainty, confidence and clarity surrounding the environmental regulatory and enforcement system.