Northern Territory Consolidated Acts Northern Territory Consolidated Acts3A. Objects
(1) The objects of this Act are -
(a) to provide a framework within which persons may undertake activities to explore for and mine mineral resources; and
(b) to enable the value of the mineral resources in the Territory to be maximised.
(2) The objects are to be achieved by -
(a) transferring the right to explore for or mine minerals from the Crown to other persons;
(b) establishing a legally effective system of transferable titles to rights to explore, extract, process and carry out other activities associated with maximising the mineral resource;
(c) ensuring that the holders of mining interests actively work the areas held under their mining interests and develop commercially viable mineral deposits discovered by them;
(d) reducing risks of damage to the environment caused by mining to an optimal level taking into account the full costs and benefits of doing so;
(e) collecting information about the geological and mineral resources of the Territory and disseminating that information; and
(f) carrying out the administration of this Act and the instruments of a legislative or administrative character made under this Act in an efficient and responsible manner.