Abstract

The Australian mineral industry is an integral part of the domestic economy with $30.3 billion being generated in export earnings in the 1994-95 fiscal year. As in 1993-94, export earnings from minerals in 1994-95 were just over 60% of the earnings from all commodity exports for the year. The Australian Bureau of Agriculture and Resource Economics (ABARE) forecast that earnings from mineral exports will be $34.6 billion in 1995-96. Without Australia's large and diverse mineral resource base such a major contribution to the economy would not have been possible. Australia ranks as one of the world's leading mineral resource nations. According to estimates published by the United States Bureau of Mines (USBM), Australia is one of the world's top five countries for resources of bauxite, bismuth, cadmium, industrial diamond, gold, mineral sands, lead, lithium, manganese, rare earth oxides, silver, tantalum, and zinc. Australia has the world's fifth largest economic resources of brown coal and the sixth largest of black coal, and has the world's largest low cost uranium resources. In 1995, Economic Demonstrated Resources (EDR) for gold increased substantially and those for bauxite, ilmenite, rutile, zircon, and nickel increased slightly. There was a significant reduction in the EDR for tin and minor reductions for black coal, iron ore, lithium, magnesite and platinum group metals (PGM). Exploration expenditure rose again in 1994-95 to reach $893.3 million. Gold was the main target with an expenditure of $554.5 million, which was 62% of all mineral exploration expenditure. Continued high levels of exploration are essential if Australia is to maintain its mineral resource stock to support a sustainable contribution by the sector to the economy.
Google map showing geographic bounding box with values North bound -9.0 East bound 156.0 West bound 110.0 South bound -44.0
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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)

1995

Product Type

dataset

Topic Category

geoscientificInformation

Keywords

GA Publication
Report
geoscience
resource assessment
mineral exploration
mineral deposits
commodities
Earth Sciences

Resource Language

English

Resource Character Set

utf8

Resource Security Classification

unclassified

Geographic Extent

North bound
-9.0
East bound
156.0
West bound
110.0
South bound
-44.0

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-f95c-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

2010-09-07

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