Retention Licence - Application (WA)

The holder of a Prospecting or Exploration licence may apply for a Retention Licence if:

• there is an identified mineral resource located in, on or under that land; and

• the mining of that identified mineral resource is impracticable because —

• the resource is uneconomic or subject to marketing problems although the resource may reasonably be expected to become economic or marketable in the future; or

• the resource is required to sustain the future operations of an existing or proposed mining operation; or

• there are existing political, environmental or other difficulties in obtaining requisite approvals.