Crown Aggregate - Acquisition of Pit and Quarry Rights - Quarry Lease
A quarry lease grants the lessee the exclusive right to remove material from a pit or quarry site.
Companies who can demonstrate the need for the exclusive use of a pit or quarry may be eligible for a quarry lease.
A quarry lease grants the lessee the exclusive right to remove material from a pit or quarry site. A lease term can be for a maximum period of ten years. The review process is extensive and involves various departments and agencies. Along with the quarry lease application the lease applicant is required to submit for review; plans for site development, site operation, environmental protection and site reclamation. Royalty is paid on material removed from the pit or quarry on a semi-annual basis.
|Fee Description||Rate in $||Effective Date|
|Reduction, Subdivision, Amalgamation, or Enlargement of Land covered by a Quarry Lease||50.00||2012-02-20|
|Rental (per hectare)||50.00||2012-02-20|
|Royalties (per metric tonne)||0.25||2012-02-20|
|Reclamation Security (can be in the form of cash or letter of credit issued by a bank or lending institution)$20/hectare or $5000, whichever is greater||20.00/hect||2012-11-16|