Abstract

In 2001, Australia's economic demonstrated resources (EDR) of bauxite, copper, gold, lead, magnesite, ilmenite, zircon, nickel, phosphate, PGM, tantalum, silver, vanadium and zinc increased, while those of black coal, diamonds, iron ore, lithium, manganese ore and uranium decreased. EDR of brown coal was maintained at levels similar to those reported in 2000. The reductions in EDR were due mainly to ongoing high levels of production; with low commodity prices a subsidiary factor. EDR of gold, nickel and mineral sands reached record levels. Gold EDR rose by 4% and was over 80% of total demonstrated resources, this increase in resources continuing the established long-term growth trend for gold. In recent years that trend has continued despite falling exploration expenditure reflecting an increasing trend to concentrate exploration efforts in brownfields regions in response to the sustained period of depressed gold price. Australia, 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, silver, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for bauxite, black coal, brown coal, cobalt, copper, gold, iron ore, lithium, manganese ore, rare earth oxides and gem/near gem diamond. Mineral exploration expenditure rose by 1% to $683.3 million in 2000-01, which was the first increase in annual exploration spending since 1996-97. However spending for calendar year 2001, based on the sum of ABS four-quarter figures, was down by $12 million to $664.4 million. Production of many mineral commodities again reached record levels in 2000-01, and overall mine production is projected by ABARE to rise in the five years to 2006-07 with the exception of gold which they forecast will fall by 6%. ABARE have projected a very high growth of some 60% for mine production of nickel in this period. Increases are also forecast for mine production of coal (+17%), copper (4%), lead (3%), zinc (12%), bauxite (17%) and iron ore (19%).
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:

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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)

2002

Product Type

dataset

Topic Category

geoscientificInformation

Keywords

GA Publication
Report
mineral exploration
mineral deposits
commodities
resource assessment
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-b771-7506-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

2002-09-09

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