MINERAL AND PETROLEUM EXPLORATION EXPENDITURE
SEPTEMBER KEY FIGURES, Western Australia
Sep qtr 2010
Jun qtr 2010 to Sep qtr 2010
Sep qtr 2009 to Sep qtr 2010
|Mineral Exploration Expenditure (a) |
|Trend estimates |
|Seasonally adjusted estimates |
|(a) Excluding petroleum|
Source: Mineral and Petroleum Exploration, Australia (cat. no. 8412.0).
- In the September quarter 2010, total expenditure on minerals exploration increased for the fifth consecutive quarter, climbing above $360 million in trend terms. This expenditure value surpasses the previous peak level reached two years earlier, before the global financial crisis saw expenditure fall by 25% in late 2008 and early 2009.
Mineral Exploration Expenditure, Total Minerals
- Exploration expenditure in WA increased (in original terms) across a wide range of minerals between the September quarter 2009 and the September quarter 2010. The most notable annual increases were for Gold (up 49%) and Nickel, cobalt (up 46%).
- In the September quarter 2010, petroleum exploration expenditure was nearly 14% lower than in the previous quarter but only marginally lower than in the corresponding quarter of 2009.
MINERAL AND PETROLEUM EXPENDITURE(a), By selected minerals: Original - Western Australia
Silver, lead, zinc
|(a) Includes expenditure on Western Australia leases in the Zone of Cooperation Area B. |
|(b) Includes minerals not separately listed in the table. |
|Source: Mineral and Petroleum Exploration, Australia (cat. no. 8412.0). |
This link takes you to time series spreadsheets from Mineral and Petroleum Exploration, Australia, Sep 2010
(cat. no. 8412.0). Tables 4 & 5 contain mineral exploration expenditure by state and mineral sought. Table 7 contains petroleum exploration expenditure by region.