Product catalogue
Multicriteria Resource Potential Mapping. Balancing Geological, Economic & Environmental Factors
<div><strong>Output type: </strong>Exploring for the Future Extended Abstract <strong> </strong></div><div><br></div><div><strong>Short abstract: </strong>There is an increased international focus on achieving high environmental, socio-economic, and governance (ESG) outcomes within mineral supply chains, in addition to delivering positive economic results. Mineral exploration and development projects must balance these disparate objectives to the satisfaction of separate stakeholders. However, the challenge of reconciling distinct preferences can obscure viable outcomes and confound project selection, particularly in the early stages of project development. Here, we discuss how such investment decisions can be treated as multicriteria optimization problems. In appraising the pre-competitive potential for nickel sulphide developments, we show how this approach can be used to effectively evaluate competing objectives and to locate regions that perform best under a range of different metrics. We outline a mapping framework that identifies Australian regions that optimally balance geological potential, economic value, and environmental impact. Our workflow creates a new capability within Australia to incorporate high-level, holistic information into the earliest stages of exploration. While this abstract focuses on mineral exploration, the modelling could be extended to other Australian resource development applications. Importantly, our results further underscore the need to compile baseline ESG datasets across Australia to help drive sustainable exploration decisions.</div><div><br></div><div><strong>Citation:</strong> Walsh S.D.C., Haynes M.W. & Wang C., 2024. Multicriteria resource potential mapping: balancing geological, economic & environmental factors. In: Czarnota, K. (ed.) Exploring for the Future: Extended Abstracts. Geoscience Australia, Canberra. https://doi.org/10.26186/149250</div>
Simple
Identification info
- Date (Creation)
- 2024-02-29T05:00:00
- Date (Publication)
- 2024-08-11T22:56:49
- Citation identifier
- Geoscience Australia Persistent Identifier/https://pid.geoscience.gov.au/dataset/ga/149250
- Citation identifier
- Digital Object Identifier/https://dx.doi.org/10.26186/149250
- Cited responsible party
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Role Organisation / Individual Name Details Publisher Commonwealth of Australia (Geoscience Australia)
Voice Author Walsh, S.D.C.
External Contact Author Haynes, M.
Internal Contact Author Wang, C.
Internal Contact Editor Czarnota, K.
Internal Contact
- Purpose
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An Exploring for the Future Extended Abstract detailing a new method for multicriteria integration and assessment, for the purposes of undertaking holistic resource development potential mapping. The abstract seeks to set the framework for integrating geological potential, with economic fairways analysis, and considerations of environmental, socio-economic, and governance (ESG) factors.
- Status
- Completed
- Point of contact
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Role Organisation / Individual Name Details Resource provider Minerals, Energy and Groundwater Division
External Contact Point of contact Commonwealth of Australia (Geoscience Australia)
Voice Point of contact Haynes, M.
Internal Contact
- Spatial representation type
- Topic category
-
- Geoscientific information
Extent
))
- Maintenance and update frequency
- Not planned
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
- Project
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EFTF – Exploring for the Future
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- Project
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Australia’s Resources Framework
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- Project
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Economic Fairways
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- Keywords
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Multicriteria assessment
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- Keywords
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ESG - Environmental
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- Keywords
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Socio-economic
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- Keywords
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and Governance
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- Keywords
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resource potential
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- Keywords
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Mineral potential
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- Keywords
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Economics
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- theme.ANZRC Fields of Research.rdf
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Resource geoscience
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Human Society
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Information and Computing 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
- Addressee
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Role Organisation / Individual Name Details User Any
- Use constraints
- License
- Use constraints
- Other restrictions
- Other constraints
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© Monash University & Commonwealth of Australia (Geoscience Australia) 2024
Resource constraints
- Title
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Australian Government Security Classification System
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
- Classification system
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Australian Government Security Classification System
Associated resource
- Association Type
- Informed
- Title
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Bluecap: a geospatial model to assess regional economic-viability for mineral resource development
- Citation identifier
- 132645
- Citation identifier
- 90f91359-25ee-4213-b9a0-904c96dc2545
Associated resource
- Association Type
- Informed
- Title
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Evaluating the Economic Fairways for Hydrogen Production in Australia
- Citation identifier
- 145336
- Citation identifier
- 2d651b91-84cf-47f5-8127-0337cca15d8c
Associated resource
- Association Type
- Informed
- Title
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Green Steel: Synergies between the Australian Iron Ore Industry and the Production of Green Hydrogen
- Citation identifier
- 146059
- Citation identifier
- e01585a4-69c9-423c-8568-ef9816dc3251
Associated resource
- Association Type
- Informed
- Title
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Economic Fairways Assessments across Northern Australia
- Citation identifier
- 133681
- Citation identifier
- 4a66601c-75d4-4416-9e7e-a7145f320e4b
Associated resource
- Association Type
- Informed
- Title
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Potential for intrusion-hosted Ni-Cu-PGE sulfide deposits in Australia: A continental-scale analysis of mineral system prospectivity
- Citation identifier
- 83884
- Citation identifier
- 1a4249ad-857c-800f-e053-12a3070a8908
- 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 facsimile
- OnLine resource
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Extended Abstract for download (pdf) [1.5 MB]
Extended Abstract for download (pdf) [1.5 MB]
- Distribution format
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pdf
- File decompression technique
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nil
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Resource lineage
- Statement
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<div>The abstract reports on the development of bespoke computational codes and workflows, and applied these to previously published assessments of nickel sulphide mineral potential (Dulfer et al, 2016), Economic Fairways analysis for nickel deposits (see Walsh et al, 2020), and overall water risks to mining from the Aquaduct 4.0 water risk framework (Kuzma et al., 2023).</div>
Metadata constraints
- Title
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Australian Government Security Classification System
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
Metadata
- Metadata identifier
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urn:uuid/c81b276f-c59d-4c8b-ad79-d6531987831b
- 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 Point of contact Haynes, M.
Internal Contact
Type of resource
- Resource scope
- Document
- Name
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GA Abstract / Fact Sheet
Alternative metadata reference
- Title
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Geoscience Australia - short identifier for metadata record with
uuid
- Citation identifier
- eCatId/149250
- Date info (Creation)
- 2024-08-06T08:06:30
- Date info (Revision)
- 2024-08-06T08:06:30
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
- http://pid.geoscience.gov.au/dataset/ga/122551