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Parliamentary Questions


Question Without Notice No. 869 asked in the Legislative Council on 9 September 2020 by Hon Jacqui Boydell

Parliament: 40 Session: 1

EXPLORATION INCENTIVE SCHEME

869. Hon JACQUI BOYDELL to the minister representing the Minister for Mines and Petroleum:

I refer to the co-funded drilling component of the exploration incentive scheme.

(1) For funding rounds from 2018 onwards, can the minister please list the split of funding available based on the scale and size of drilling operations?

(2) Within those category splits, how much funding was expended in each across the same funding rounds?

(3) Should funds in any category of co-funded drilling go unexpended, where in the Department of Mines, Industry Regulation and Safety budget are they allocated?

(4) On what date did the EIS commence being funded through mining tenement rent collected by DMIRS?

(5) Since that date, what is the total amount of mining tenement rent that DMIRS has collected from industry in WA?

Hon ALANNAH MacTIERNAN replied:

I thank the member for the question. The following information has been provided by the Minister for Mines and Petroleum.

(1) Of the $10 million annual budget, $5 million is allocated to the co-funded drilling program. The scale and size of the drilling operations is determined solely by the exploration companies. However, co-funding is capped for a multi-hole drilling project at $150 000 and for a single deep hole at $200 000, for 50 per cent of direct drilling costs. Prospector applications are capped at $30 000.

(2) The aforementioned category splits have not changed since the inception of the EIS co-funding.

(3) If there is any underspend in co-funding, it is reallocated to other projects in the EIS, such as pre-competitive data acquisition.

(4) Mining tenement rents contribute to the funding of a range of services across government, including the EIS. However, when the former government was in office, it chose to fund the EIS through the royalties for regions program.

(5) The total was $247.9 million as at 7 September 2020.