The Government rescinded the mining lease in 1962 and the mine was abandoned the same year.
Never in all his experience, wrote Taylor, had he seen or heard of such covenants in a mining lease.
It has been said that they "rarely paid for the mining leases".
In that year, the company took over the mining lease on an area south of Sydney known as Camp Creek.
Between 1934 and 1956 mining leases for antimony were granted.
The term of the mining lease was extended to 22 July 2030 and may be renewed for a further period of 15 years.
Situated within the mining lease is the village of Tabaco.
The group announced on 23 June 2008 that it had filed for a mining lease to proceed with the project.
Draft Heads of the Terms for a mining lease are included in the licence.
One such company operated a mining lease at the eastern foot of Mount Franklin.