If you talk about mining tenement, it links to the field of mining exclusively. There are digging and drillings in the mines for exploration and commercial purposes. However, it is not permissible for any entity to carry out these procedures in the absence of a mining tenement. So, in other words, a mining tenement is a license or permit that an entity must obtain if they want to do mining operations. The permit or lease comes into effect since 1971, when the Mining Act draft and subsequent implementation took place. The holder of this tenement has to qualify on specific criteria, and only then can they get the exclusive permission to carry out operations. Two systems work here – a company gets a mineral claim through which they can research minerals in the area for one year. If they require mining in a specific part or all part of the field, they will have to apply for the mining leases.

Mining Tenement System

The process of getting a mining tenement for several options can be time-consuming, especially if the work requires submission of paperwork and back and forth correspondence. The implementation of a mining tenement system program is to make it easier for mining and exploration firms to apply and get the permit. It allows companies looking for mining tenements, exploration licenses, mining leases, and prospecting grants to apply for the approval through an automated system that not only saves time but also do-away with compiling piles of paperwork. All correspondences are electronic.

Other Operations of the Automated Mining System

Aside from dealing with grant and permission, the mining tenement system overlooks automation in the mining sector that includes records and follows up for the entire cycle of the mine. It starts from the exploration process and follows all details until the project closure.

The purpose of having a robust and automated system is to promote the transparency of all operations. Gathering real-time information makes it a more transparent and effective process with more speedy actions. The delays we observe in mineral concessions are significantly lower by using the tenement system.

It makes it easier for companies to send an online submission of mining plans and pursue further correspondence. To make things more accessible for the firms, more tools such as mobile applications are available, helping the exploration companies to inform of changes or lodge requests for a tenement in real-time.