Abstract

In 2000, Australia's economic demonstrated resources (EDR) of bauxite, brown coal, copper, diamond, magnesite, mineral sands (ilmenite, rutile, and zircon), nickel, phosphate, tantalum, uranium and vanadium increased, while those of black coal, gold, iron ore, manganese ore and lithium decreased. EDR of zinc, lead and silver were maintained at levels similar to those reported in 1999. The reductions in EDR were due mainly to ongoing high levels of production; commodity prices were a subsidiary factor. EDR of bauxite, diamond, magnesite, nickel and tantalum increased by over 15% following reviews of resources information that became available during the year. EDR of nickel again reached record levels and at 20 Mt is now 45% of total identified resources for this commodity. Gold EDR decreased by just over 1% to 4959 t. This along with the continued declining trend in net growth in non-EDR for gold and other factors, lead AGSO - Geoscience Australia to suggest that increased exploration expenditure is required to ensure a sustainable sector in Australia. Australia, however, continues to rank as one of the world's leading mineral resource nations. It has the world's largest EDR of lead, mineral sands, nickel, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for bauxite, black coal, brown coal, copper, cobalt, copper, gold, iron ore, lithium, manganese ore, rare earth oxides and gem/near gem diamond. Mineral exploration expenditure fell by 19% to $676.3 million in 1999-2000, which was marginally higher than the low point registered in the last cyclical downturn in 1992-93. Spending for calendar year 2000, based on the sum of ABS four-quarter figures, was down by $42.9 million to $676.4 million - essentially the same as for 1999-2000. Production of many mineral commodities reached record levels in 1999-2000, and overall mine production is projected by ABARE to rise by around 8% in the five years to 2005-06. Growth in mine output over this period is expected for nickel (55%), copper (7%), zinc (9%), bauxite and alumina (6% and 9%) and iron ore (15%). The high level of investment activity in the minerals industry since the early 1990s, is expected to continue to fall in coming years, according to ABARE and ABS.
Google map showing geographic bounding box with values North bound -10.0 East bound 154.0 West bound 113.0 South bound -43.0
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For information on acquiring this product,
please contact the Geoscience Australia Sales Centre via:

fax:
+61 2 6249 9960; or
phone:
1800 800 173 (within Australia);
 
+61 2 6249 9966 (outside Australia).

Please note that support hours are 9 am to 5 pm weekdays

Product Type/Sub Type

dataset - GA Publication - Report

Constraints

license
Creative Commons Attribution 3.0 Australia Licence

IP Owner

Commonwealth of Australia (Geoscience Australia)

Author(s)

Date (publication)

2001

Product Type

dataset

Topic Category

geoscientificInformation

Keywords

GA Publication
Report
resource management
mineral exploration
mineral deposits
commodities
Earth Sciences

Resource Language

English

Resource Character Set

utf8

Resource Security Classification

unclassified

Geographic Extent

North bound
-10.0
East bound
154.0
West bound
113.0
South bound
-43.0

Lineage

Unknown

Digital Transfer Options

onLine

DISTRIBUTION Format

pdf

Distributor

Role
distributor
Organisation Name
Geoscience Australia
City
Canberra
Administrative Area
ACT
Postal Code
2601
Country
Australia
Email Address

Metadata File Identifier

a05f7892-b636-7506-e044-00144fdd4fa6

Metadata Standard Name

ANZLIC Metadata Profile: An Australian/New Zealand Profile of AS/NZS ISO 19115:2005, Geographic information - Metadata

Metadata Standard Version

1.1

Metadata Date Stamp

2001-08-31

METADATA SECURITY CLASSIFICATION

unclassified

Metadata Contact

Role
pointOfContact
Organisation Name
Geoscience Australia
City
Canberra
Administrative Area
ACT
Postal Code
2601
Country
Australia
Email Address
Downloads
Related Links
For information on acquiring this product,
please contact the Geoscience Australia Sales Centre via:

fax:
+61 2 6249 9960; or
phone:
1800 800 173 (within Australia);
 
+61 2 6249 9966 (outside Australia).

Please note that support hours are 9 am to 5 pm weekdays