Licensing fees and charges
Fees and penalties
For all Earth Resources Regulation fees and charges please refer to the automatic indexation of fees and penalties page on the Department of Jobs, Precincts and Regions website.
Section 12 of the Mineral Resources (Sustainable Development) Act 1990 requires holders of mineral licences to pay royalties according to the value of the resources they extract.
In 2013 an external review recommended that Earth Resources Regulation update the process that holders of mineral licences use to report their mining royalty information. These recommendations included updating royalty information sheets.
Royalty information sheets
Royalty information sheets allow licensees to meet their obligation to report royalties. There are separate royalty information sheets for the following commodity streams:
In the 2019-20 Victorian State Budget the government announced that gold mining production will be subject to a royalty of 2.75 per cent from 1 January 2020, with an exemption for gold production less than 2,500 ounces a year.
A regulatory impact statement is available for public consultation between 23 September and 21 October 2019. You can provide a submission on the Engage Victoria website.
Page last updated: 22 Oct 2019