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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. &amp; Wang C., 2024. Multicriteria resource potential mapping: balancing geological, economic &amp; 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
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

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
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

N
S
E
W


Maintenance and update frequency
Not planned

Resource format

Title

Product data repository: Various Formats

Website

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
  • EFTF – Exploring for the Future

Project
  • Australia’s Resources Framework

Project
  • Economic Fairways

Keywords
  • Multicriteria assessment

Keywords
  • ESG - Environmental

Keywords
  • Socio-economic

Keywords
  • and Governance

Keywords
  • resource potential

Keywords
  • Mineral potential

Keywords
  • Economics

theme.ANZRC Fields of Research.rdf
  • Resource geoscience

  • Human Society

  • Information and Computing Sciences

Keywords
  • Published_External

Resource constraints

Title

Creative Commons Attribution 4.0 International Licence

Alternate title

CC-BY

Edition

4.0

Website

https://creativecommons.org/licenses/by/4.0/

Addressee
Role Organisation / Individual Name Details
User

Any

Use constraints
License
Use constraints
Other restrictions
Other constraints

© Monash University & Commonwealth of Australia (Geoscience Australia) 2024

Resource constraints

Title

Australian Government Security Classification System

Edition date
2018-11-01T00:00:00
Website

https://www.protectivesecurity.gov.au/Pages/default.aspx

Classification
Unclassified
Classification system

Australian Government Security Classification System

Associated resource

Association Type
Informed
Title

Bluecap: a geospatial model to assess regional economic-viability for mineral resource development

Citation identifier
132645

Citation identifier
90f91359-25ee-4213-b9a0-904c96dc2545

Website

http://pid.geoscience.gov.au/dataset/ga/132645

Link to eCat metadata record landing page

Associated resource

Association Type
Informed
Title

Evaluating the Economic Fairways for Hydrogen Production in Australia

Citation identifier
145336

Citation identifier
2d651b91-84cf-47f5-8127-0337cca15d8c

Website

http://pid.geoscience.gov.au/dataset/ga/145336

Link to eCat metadata record landing page

Associated resource

Association Type
Informed
Title

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

Website

http://pid.geoscience.gov.au/dataset/ga/146059

Link to eCat metadata record landing page

Associated resource

Association Type
Informed
Title

Economic Fairways Assessments across Northern Australia

Citation identifier
133681

Citation identifier
4a66601c-75d4-4416-9e7e-a7145f320e4b

Website

http://pid.geoscience.gov.au/dataset/ga/133681

Link to eCat metadata record landing page

Associated resource

Association Type
Informed
Title

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

Website

http://pid.geoscience.gov.au/dataset/ga/83884

Link to eCat metadata record landing page

Language
English
Character encoding
UTF8

Distribution Information

Distributor contact
Role Organisation / Individual Name Details
Distributor

Commonwealth of Australia (Geoscience Australia)

Voice facsimile
OnLine resource

Extended Abstract for download (pdf) [1.5 MB]

Extended Abstract for download (pdf) [1.5 MB]

Distribution format
  • pdf

    File decompression technique

    nil

Resource lineage

Statement

<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

Australian Government Security Classification System

Edition date
2018-11-01T00:00:00
Website

https://www.protectivesecurity.gov.au/Pages/default.aspx

Classification
Unclassified

Metadata

Metadata identifier
urn:uuid/c81b276f-c59d-4c8b-ad79-d6531987831b

Title

GeoNetwork UUID

Language
English
Character encoding
UTF8
Contact
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

GA Abstract / Fact Sheet

Alternative metadata reference

Title

Geoscience Australia - short identifier for metadata record with

uuid

Citation identifier
eCatId/149250

Metadata linkage

https://ecat.ga.gov.au/geonetwork/srv/eng/catalog.search#/metadata/c81b276f-c59d-4c8b-ad79-d6531987831b

Date info (Creation)
2024-08-06T08:06:30
Date info (Revision)
2024-08-06T08:06:30

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
http://pid.geoscience.gov.au/dataset/ga/122551

 
 

Spatial extent

N
S
E
W


Keywords

Australia’s Resources Framework EFTF – Exploring for the Future Economic Fairways
theme.ANZRC Fields of Research.rdf
Human Society Information and Computing Sciences Resource geoscience

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Associated resources

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