The MRF Yearly Report presents highlights and future plans
|Date:||Thursday, 31 October 2019|
The Department of Mines, Industry Regulation and Safety today released the Mining Rehabilitation Fund’s (MRF) latest Yearly Report. The report highlights in detail the MRF’s activities and achievements for the 2018-19 financial year, and provides an indication of future plans.
The Yearly Report also includes DMIRS’ annual assessment of data collected from tenement holders for the purpose of calculating the annual MRF levy.
Compliance with reporting requirements continued to be high in 2018-19, with nearly 99 per cent of tenement reports being received on time. Total contributions received during the financial year brought the MRF to $150 million, which includes $2.9 million in net interest earned.
During 2018-19, a new membership was appointed to the Mining Rehabilitation Advisory Panel (MRAP) for a three-year term. The former panel concluded its term in March 2019.
The department’s Abandoned Mines Program (AMP), as funded by the MRF, carried out a number of actions in 2018-19. This included completion of the AMP’s second pilot project at the Pro-Force Plant Site near Coolgardie, commencement of preliminary site investigations at the Bulong and Elverdton pilot project sites, and ongoing management of the Ellendale Diamond Mine.