Exploration and discovery of Australia's copper, nickel, lead and zinc resources 1976-2005
Examination of copper, nickel, lead and zinc (base metals) exploration expenditure and discovery in Australia over the period 1976-2005 reveals some significant trends. Australia's base metal resource inventory grew substantially as a consequence of successful exploration over the period, both through addition of resources at known deposits and new discoveries, notably a small number of very large deposits that underpin the resource base. In 2005, Australia had the world's largest economic demonstrated resources (EDR) of nickel, lead and zinc, and the second largest EDR of copper. Growth in nickel resources has been especially strong owing to discovery of large laterite resources in the late 1990s. Resource life, in average terms based on current EDR and production, is approximately 30 years for lead and zinc, 40 years for nickel sulphide (120 years for all nickel EDR) and 50 years for copper. Despite this success, major increases in production over the period (copper, nickel and zinc output increasing 3-4 fold, lead output doubling) and a fall in discovery rates during much of the 1990s means that resource life for lead and zinc is lower and nickel sulphide comparable now to that in 1976; only the resource life of copper has grown substantially over the period. Current published ore reserves are sufficient for at least 15 years operations at current production levels, but only a small number of the largest deposits currently being mined are likely to still be in production in 20 years. However, several mines have substantial inferred resources that may allow production beyond current mine reserves and there is a substantial number of undeveloped deposits that may provide the foundation for extended or new mining operations. The discovery record is strongly cyclical with resource growth for all the base metals punctuated by the discovery of giant (world-class) deposits each decade: these underpin current and future production. Recent higher metal prices and renewed interest in base metals, especially nickel, has reversed a 10 year decline in base metal exploration attended by reduced rates of discovery and resulted in record expenditure, new nickel, copper and zinc discoveries, and increased resources at a number of existing deposits, notably the Olympic Dam copper-uranium-gold deposit. With the exception of the Prominent Hill copper-gold and West Musgrave nickel-copper deposits, most of the recent discoveries, especially zinc (-lead) deposits, are of small tonnage (some of high grade). Nevertheless, these new discoveries have helped stimulate further exploration and also highlight the potential for further discoveries in little-explored provinces, especially those under regolith and shallow sedimentary cover.
Simple
Identification info
- Date (Publication)
- 2005-01-01T00:00:00
- Citation identifier
- Geoscience Australia Persistent Identifier/https://pid.geoscience.gov.au/dataset/ga/71294
- Citation identifier
- Digital Object Identifier/http://dx.doi.org/10.1016/j.resourpol.2005.08.003
- Cited responsible party
-
Role Organisation / Individual Name Details Author Jaques, A.L.
1 Author Huleatt, M.B.
2 Author Ratajkoski, M.
3 Author Towner, R.R.
4
- Point of contact
-
Role Organisation / Individual Name Details Custodian MNHD
Owner Commonwealth of Australia (Geoscience Australia)
Custodian Commonwealth of Australia (Geoscience Australia)
Voice
- Topic category
-
- Geoscientific information
Extent
))
- Maintenance and update frequency
- Unknown
- Keywords
-
-
External Publication
-
Scientific Journal Paper
-
- Keywords
-
-
AU
-
- Australian and New Zealand Standard Research Classification (ANZSRC)
-
-
Earth Sciences
-
- Keywords
-
-
Published_External
-
Resource constraints
- Title
-
Creative Commons Attribution 4.0 International Licence
- Alternate title
-
CC-BY
- Edition
-
4.0
- Access constraints
- License
- Use constraints
- License
Resource constraints
- Title
-
Australian Government Security ClassificationSystem
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
- Language
- English
- Character encoding
- UTF8
Distribution Information
- Distributor contact
-
Role Organisation / Individual Name Details Distributor Commonwealth of Australia (Geoscience Australia)
Voice
- OnLine resource
-
Link to Publication
Link to Publication
Resource lineage
- Statement
-
Unknown
- Hierarchy level
- Non geographic dataset
- Other
-
External Publication
- Description
-
Source data not available.
Metadata constraints
- Title
-
Australian Government Security ClassificationSystem
- Edition date
- 2018-11-01T00:00:00
- Classification
- Unclassified
Metadata
- Metadata identifier
-
urn:uuid/a05f7892-fa9c-7506-e044-00144fdd4fa6
- Title
-
GeoNetwork UUID
- Language
- English
- Character encoding
- UTF8
- Contact
-
Role Organisation / Individual Name Details Point of contact Commonwealth of Australia (Geoscience Australia)
Voice
Type of resource
- Resource scope
- Non geographic dataset
- Name
-
nonGeographicDataset
Alternative metadata reference
- Title
-
Geoscience Australia - short identifier for metadata record with
uuid
- Citation identifier
- eCatId/71294
- Date info (Revision)
- 2018-04-22T08:49:34
- Date info (Creation)
- 2010-11-16T00:00:00
Metadata standard
- Title
-
AU/NZS ISO 19115-1:2014
Metadata standard
- Title
-
ISO 19115-1:2014
Metadata standard
- Title
-
ISO 19115-3
- Title
-
Geoscience Australia Community Metadata Profile of ISO 19115-1:2014
- Edition
-
Version 2.0, September 2018
- Citation identifier
- https://pid.geoscience.gov.au/dataset/ga/122551