Securities held for mining sites
Operators carrying out mining activities must lodge a mining security with the Northern Territory (NT) Government.
This applies to activities authorised by an environmental (mining) licence under the Environment Protection Act 2019.
The mining security is a type of safeguard mechanism for the NT Government and tax payer.
It covers anticipated costs if the government needs to take action to:
- prevent, minimise or rectify environmental harm caused by mining activities on or off the mining site or
- complete rehabilitation work.
The amount of security is based on the amount of disturbance likely to be caused by the licensed mining activities. To find out more about how it's calculated, read more about security.
Securities paid under the previous Act
If a security has been paid under the Mining Management Act 2001 and is held in the securities trust account when the new licensing scheme starts, it will be treated as a security for an environmental (mining) licence under the new laws.
Securities held in the securities trust account
The department currently holds a total of $1,766,318,640.30 in mining securities as of 1 February 2025.
Get a list of all mining securities XLSX (49.6 KB) held for current mining projects.
Contact
For more information, email mineral.info@nt.gov.au.