MLN 1982 and MLN 1983 Combined annual and final report

Abstract

MLN 1982 and MLN 1983 were granted to FogSearch Ltd on 18 May 1990. Small scale extraction of a peat-like commodity was sporadically conducted by FogSearch between 1991 and 2007. From 2007, extractive activities were conducted under authorisation by Territory Peat which subsequently underwent a change of business name to Resource Bio Management Pty Ltd. Resource Bio Management Pty Ltd (RBM) was operational on MLN 1982 up until the end of 2012. RBM has never conducted any operational activities on MLN 1983. Both tenements were purchased by RBM from FogSearch in 2014. Due to changes in legislation the tenements are no longer considered the correct tenure for operations of an extractive nature. Conversion of the tenements to the currently applicable EMP tenure would be prohibitive due to the large size of the two MLN's. Furthermore, RBM has been granted several EMP's immediately adjacent to MLN 1982 which satisfy their current requirements. Therefore RBM wishes to relinquish MLN 1982 and MLN 1983. Following inspection by Mines and Energy Officers in September 2015, RBM considers that all rehabilitation and re-vegetation works on MLN 1982 have been satisfactorily completed.