Expiry of Conditional Licences and Options for Coal Leases

In April 2002, the Authority wrote to all privatisation operations regarding the conditional licences and options for coal leases granted in 1994 as part of the privatization process.

I would like to take this opportunity to remind all privatisation operations that the Authority will not extend the successor companies’ conditional licences and options for coal leases which are due to expire in December 2004. Where an option has been partially exercised then the remaining part of the option and associated conditional licence will also expire.

As previously indicated, it is not the intention of the Authority to advertise that these licences and options are due to expire, although the Authority will follow its normal procedures and advertise any new applications for licences and leases. Details of the agreements have always been a matter of public record in the Authority’s statutory register of licences, which can be examined at the Authority’s Mines Records Office.

I. Wilson FRICS
Director of Mining Projects & Property