What Is A Mining Tenement?

Mining Tenement is an approval or license that is a mandatory requirement for all companies who want to conduct mining explorations. Whether the research is on the government land or a private area, regardless, the tenement remains the requirements for the mining operations.

There are different stipulations to the mining contract. Some clauses decide the terms of the explorations and as well as the duration of the mining. Some provisions check that the company activities will not damage the environment or the integrity of the land where they will carry the mining research.

Performing any mining activity like searching for minerals or looking for coal without holding the mining license in hand is an offense and can lead to penalization and other litigation against the company. For the ease of companies, the license and its applications are available online, as well. Companies can go online and file for the tenement.