(1)  A lessee must keep up-to-date records of any exploration and mining carried out under the lease.

(2)  A lessee is to ensure that records contain the following:

(a) the quantities and values of products sold or held in stock;

(b) the quantities of ore and waste mined and ore treated;

(c) the sources of ore and waste mined and details of waste disposed of;

(d) details of any mine development undertaken;

(e) details of any process development;

(f) a breakdown of any capital expenditure;

(g) the operating costs of any mining and exploration carried out;

(h) details of the workforce;

(i) details of on-lease exploration as the Director requires;

(j) details of ore reserves and resources in accordance with the standards as published by the Australasian Joint Ore Reserves Committee or another body that the Minister has nominated by notice in writing to the lessee.