Desktop study unveils nearly 600 new deposits in Qld
PERTH (miningweekly.com) – A A$500 000 desktop study has unearthed almost 600 potential deposits of new economy minerals across Queensland, including six possible rare earth systems.
Resources Minister Scott Stewart said the joint project with the University of Queensland’s Sustainable Minerals Institute was also creating a free digital tool for explorers to identify new priority areas for new economy minerals like cobalt needed for renewable and advanced technology.
“Unearthing potential new deposits could mean new projects which means new jobs which is an important part of the government’s economic recovery plan from Covid-19,” Stewart said.
“Queensland is rich in new economy minerals, but there’s a lot of time, effort and money that goes into exploration and proving-up resources before new projects and jobs ever result
“The government’s A$23-million New Economy Minerals Initiative is simplifying and supporting this initial legwork to help get more projects and jobs off the ground.”
The Department of Resources and University of Queensland’s Sustainable Minerals Institute have been working together for 18 months compiling, analysing and pulling together data for the free digital tool.
When it’s completed, explorers will be able to tap in to find out more about where minerals like tin, tungsten, silica, rare earths and cobalt could be discovered.
Recent data by the Australian Bureau of Statistics has shown that exploration investment in Queensland was on the rise, and that in the 12 months to June, more than A$706-million was invested in exploration in Queensland, seeking that next wave of projects and resources jobs.
“That’s 10% up on the previous year and an even more impressive 60% up on the same period three years ago,” Stewart said.
“These figures show the government’s effort and investment in boosting exploration is paying dividends.”
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation