Australia's Identified Mineral Resources 2003
In 2002, Australia's economic demonstrated resources (EDR) of bauxite, diamond, gold, iron and manganese ore, lithium, tin, tungsten and uranium increased, while those of black coal, ilmenite, tantalum, cadmium, zinc and vanadium decreased. EDR of brown coal, cobalt, lead, magnesite, rutile, zircon, nickel, niobium, phosphate, shale oil and silver remained at levels similar to those reported in 2002. The reductions in EDR were due mainly to production, with low commodity prices a subsidiary factor.
Australia's EDR of base metals (zinc, lead, silver) nickel, mineral sands and uranium remain the world's largest, while bauxite, black coal, brown coal, cobalt, copper, gold, iron ore, lithium, manganese ore, rare earth oxides and gem/near gem diamond rank in the top six worldwide.
Strong growth in gold prices in 2002 contributed to an increase in its EDR. The duration of gold's EDR (20 years at current production rates), however, signals the need for ongoing successful exploration in the short and medium term for this commodity, which is currently Australia's third largest export commodity. Similarly, there is a need for significant new discoveries of base metals to produce these commodities at current output levels beyond the next 20 to 25 years.
Australian mineral exploration expenditure fell by 6% to $640.5 million in 2001-02, the lowest financial year current dollar amount since 1992-93. Spending for the calendar year, however, rose by $13.8 million (2%) to $678.2 million. A world survey of exploration budgets for 2002 by the Metals Economics Group saw Australia displaced by Canada as the world's leading exploration destination. In response to the low levels of exploration expenditure, industry and governments initiated studies to examine the economic implications of the downturn and ways at building industry recovery, including policy measures that may facilitate future mineral exploration activity in Australia.
Simple
Identification info
- Date (Publication)
- 2003-01-01T00:00:00
- Citation identifier
- Geoscience Australia Persistent Identifier/https://pid.geoscience.gov.au/dataset/ga/61113
- Cited responsible party
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Role Organisation / Individual Name Details Author Geoscience Australia
1
- Point of contact
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Role Organisation / Individual Name Details Custodian MNHD
Owner Commonwealth of Australia (Geoscience Australia)
Custodian Commonwealth of Australia (Geoscience Australia)
Voice
- Topic category
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- Geoscientific information
Extent
))
- Maintenance and update frequency
- Unknown
Resource format
- Title
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Product data repository: Various Formats
- Website
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Data Store directory containing the digital product files
Data Store directory containing one or more files, possibly in a variety of formats, accessible to Geoscience Australia staff only for internal purposes
- Keywords
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GA Publication
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Report
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- Theme
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resource assessment
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- Theme
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commodities
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- Theme
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mineral deposits
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- Theme
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mineral exploration
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- Keywords
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AU
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- Australian and New Zealand Standard Research Classification (ANZSRC)
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Earth Sciences
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- Keywords
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Published_External
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Resource constraints
- Title
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Creative Commons Attribution 4.0 International Licence
- Alternate title
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CC-BY
- Edition
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4.0
- Access constraints
- License
- Use constraints
- License
Resource constraints
- Title
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Australian Government Security ClassificationSystem
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
- Language
- English
- Character encoding
- UTF8
Distribution Information
- Distributor contact
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Role Organisation / Individual Name Details Distributor Commonwealth of Australia (Geoscience Australia)
Voice
- OnLine resource
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Related Product
Australian Atlas of Mineral Resources, Mines, and Processing Centres
- OnLine resource
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Download the file (pdf)
Download the file (pdf)
- Distribution format
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pdf
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Resource lineage
- Statement
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Unknown
- Hierarchy level
- Non geographic dataset
- Other
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GA Publication
- Description
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Source data not available.
Metadata constraints
- Title
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Australian Government Security ClassificationSystem
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
Metadata
- Metadata identifier
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urn:uuid/a05f7892-c105-7506-e044-00144fdd4fa6
- Title
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GeoNetwork UUID
- Language
- English
- Character encoding
- UTF8
- Contact
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Role Organisation / Individual Name Details Point of contact Commonwealth of Australia (Geoscience Australia)
Voice
Type of resource
- Resource scope
- Non geographic dataset
- Name
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nonGeographicDataset
Alternative metadata reference
- Title
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Geoscience Australia - short identifier for metadata record with
uuid
- Citation identifier
- eCatId/61113
- Date info (Revision)
- 2018-04-20T06:03:22
- Date info (Creation)
- 2004-03-08T00:00:00
Metadata standard
- Title
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AU/NZS ISO 19115-1:2014
Metadata standard
- Title
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ISO 19115-1:2014
Metadata standard
- Title
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ISO 19115-3
- Title
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Geoscience Australia Community Metadata Profile of ISO 19115-1:2014
- Edition
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Version 2.0, September 2018
- Citation identifier
- https://pid.geoscience.gov.au/dataset/ga/122551