1367.5 - Western Australian Statistical Indicators, Sep 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/10/2009   
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Contents >> Mining and energy >> Mineral and petroluem exploration

MINERAL AND PETROLEUM EXPLORATION

  • In seasonally adjusted terms, total expenditure on minerals exploration fell by 3.6% in the June quarter 2009, following a much larger decrease (18%) in the previous quarter.
  • This was the fourth consecutive quarterly decrease, making exploration expenditure 28% lower than in the same quarter of the previous year, and the lowest figure ($267 million) since June 2007.




  • In original terms, expenditure on iron ore exploration rose by 35%, to almost $135 million, in the June quarter 2009.This equates to almost half of the total minerals exploration expenditure in Western Australia.
  • Expenditure on gold exploration was $62.5 million, up by 10% from the previous quarter.
  • Total expenditure on petroleum exploration was $817 million, in original terms, in the June quarter 2009. This was 3.5% higher than for the previous quarter and 32.5% higher than for the June quarter 2008.

1 Mineral and petroleum exploration expenditure(a), by selected mineral: original

Copper
Silver,
lead,
zinc
Nickel,
cobalt
Gold
Iron
ore
Total
minerals(b)
Total
petroleum
$m
$m
$m
$m
$m
$m
$m

2008
June
10.3
10.5
81.0
100.3
139.3
381.2
616.9
2009
March
4.4
3.0
39.4
56.6
100.1
224.2
789.4
June
3.3
2.0
43.3
62.5
134.8
274.8
817.4

(a) Includes expenditure on Western Australia leases in the Zone of Cooperation Area B. From July 2000 value data do not contain Wholesale Sales Tax.
(b) Includes minerals not listed in the table.
Source: Mineral and Petroleum Exploration, Australia, cat. no. 8412.0.

To view Excel spreadsheet: Mineral and Petroleum Expenditure



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