Initial term of mining claim
91 Initial term of mining claim
The initial term of a mining claim is the period not greater than 10 years approved by the Minister, unless the claim is sooner terminated.
Despite subsection (1), the term of the mining claim must not be for a period longer than the period for which compensation has been agreed or determined under section 85 or 86.
The initial term of a mining claim commences on the first day of the month that next follows the day the mining claim is granted.
From the grant of a mining claim to the commencement of the initial term thereof the holder shall have all the entitlements, powers, duties and functions the holder has during the term of the mining claim except section 95 shall not apply.
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