Queensland Law Society

Resourceful Symposium attracts the best minds

Date 12 Mar 2013
Contact Natalie Graeff, Manager Corporate Communication
Phone (07) 3842 5868
Mobile 0488 433 884
Fax 07 3221 9329
Email n.graeff@qls.com.au

The legal profession’s thought leaders in mining, energy and resources law will present on current issues for this major economic pillar at Queensland Law Society’s Symposium on 15-16 March.

Queensland Law Society President Annette Bradfield said although there was some reduction in the intense level of investment seen in recent years, there were still a large number of projects underway or under commitment that would require substantial legal services support.

“There are still major projects continuing or ramping up in the Bowen, Surat and Galilee Basins.

“The Queensland Government reported there was more than $7 billion in private capital investment in mining and exploration in the September quarter 2012,” Ms Bradfield said.

“Last month, the Reserve Bank’s Statement on Monetary Policy said that around Australia this investment is expected to remain at a high level for some time.

“We’ve delighted to have some of the profession’s leading individuals to unpack some of the issues and changes around these major projects for the profession, looking at land access, financing and the recommencement of uranium mining in Queensland.

“These are topical issues that can have major impacts on project planning and implementation.

“The state government’s planned reform of land access laws includes expanding the Land Court’s jurisdiction and introducing an alternative dispute resolution process.

“In terms of project financing, co-development agreements may look like an attractive option to improve the financial viability of projects as investment slows down.

“Last October the state government lifted a 30-year ban on uranium mining after the Prime Minister pitched the benefits of Australian uranium to India, so there could be project activity in that space.

“We believe practitioners from all backgrounds will benefit from this session as it covers current issues affecting a major income pipeline that also, by its significance to Queensland, has flow-on effects to the businesses and consumers who are our clients.”

Registration for Symposium closes 13 March. Go to www.qls.com.au/symposium