Oil and Gas – Development Rules
The AER released Directive 091: Rock-Hosted Mineral Resource Development as part of the regulatory framework for rock-hosted mineral resource development. Directive 091 will come into effect once the Rock-Hosted Mineral Resource Development Rules (“RMR”) are in effect. The RMR and Directive 091 set out the requirements that the industry must follow for rock-hosted mineral resource development throughout a development’s life cycle.
The AER is developing liability management for rock-hosted mineral resource development as part of its regulatory framework that will have a separate public comment period for feedback.
In 2024, the AER will prepare guidance regarding rock-hosted mineral resource development and make consequential amendments to existing directives to incorporate rock-hosted mineral resource development.
