Abstract

In 1997, Australia's Economic Demonstrated Resources (EDR) of bauxite, black coal, cobalt, magnesite, mineral sands, nickel, tantalum and vanadium rose. Reduced EDR were recorded for antimony, cadmium, copper, gold, industrial and gem and near gem diamond, iron ore, lead, lithium, manganese ore, platinum group metals, silver, tin, uranium and zinc. The falls in EDR were due mainly to ongoing high levels of production. EDR of all other mineral commodities remained unchanged. Among the major commodities, EDR of nickel, ilmenite, rutile and zircon reached record levels in 1997. Bauxite continued the slow growth started in 1993 and although black coal EDR rose it remained in the range that has existed since 1987. Gold EDR fell in 1997, breaking the long term growth trend that started in 1982. EDR of iron ore has fallen since 1994 and in 1997 was at its lowest level since 1990. Lead and zinc EDR both continued on a downward trend reaching the lowest levels since 1992. Following a small fall in 1996 copper EDR fell again in 1997. Mineral exploration expenditure rose by 20% from $960.2 million in the previous year to $1148.5 million in 1996-97. Increases were recorded in all States except Queensland where a reduction of 11% occurred. A fall of 5% was recorded for expenditure in the Northern Territory. Gold was again the main target, and increased its share of total expenditure from 57% to 63%. Of the total expenditure about 73% was spent in greenfields leases. Despite the continued growth, in constant dollar terms, expenditure in 1996-97 was still below the peak of 1987-88. In 1996-97 mineral resources exports increased to $36 495 million, a rise of 5% over the previous fiscal year. The Australian Bureau of Agricultural and Resource Economics (ABARE) forecast export earnings to rise to $44 530 million in 2002-03. The so called Asian financial crisis may impact adversely on Australia's ability to achieve the projected level of exports.
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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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)

1998

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-f95e-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