New fee structure for resources sector

The fees regulating prospecting, exploration, mining and quarrying have been revised so the amount charged to the resources sector is the same as the costs of managing it.

The fees regulating prospecting, exploration, mining and quarrying have been revised so the amount charged to the resources sector is the same as the costs of managing it.

The new fees will commence from 1 January 2027.

Recovering costs in this way ensures the cost of services provided to industry is paid for by industry.

In establishing this system, Resources Victoria followed the Department of Treasury and Finance’s Pricing for Value guidelines, which provide advice about setting fair and equitable fees and charges.

This approach ensures services are tailored to the needs of the resources sector.

For more information about the new fee structure visit Engage Victoria.