The framework of regulation for mining in Australia and the possible legal structures that might be used in establishing a natural resources project. The legal questions that arise in the financing of such a project. The course focuses on New South Wales which, like other States, has extensive legislation relating to the mining industry. This entails, however, substantial treatment of federal regulation in the areas of foreign investment, export control, exchange control, Aborigines, uranium and offshore exploration and mining. Constitutional problems arising from the Federal/State relationship. The revenue, environmental and international trade aspects of minerals projects in Australia. Policy questions raised by these matters.