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Statistics Digest 2013-14 Government of Western Australia Department of Mines and Petroleum WESTERN AUSTRALIAN MINERAL AND PETROLEUM STATISTICS DIGEST 2013 –14 Disclaimer Information provided in this Digest is made available without charge, as a public service, in good faith. The information provided is derived from sources believed to be reliable and accurate at the time of publication. However, use of the information in the Digest is at your own risk. The Digest is provided solely on the basis that users will be responsible for making their own assessment of the information provided therein and users are advised to verify all representations, statements and information for decisions that concern the conduct of business that involves monetary or operational consequences. Each user waives and releases the Department of Mines and Petroleum and the State of Western Australia and its servants to the full extent permitted by law from all and any claims relating to the use of the material in the Digest. In no event shall the Department of Mines and Petroleum or the State of Western Australia be liable for any incidental or consequential damages arising from any use or reliance on any material in this Digest. Copyright © 2014 Copyright in this document is reserved to the State of Western Australia. Reproduction except in accordance with copyright law is prohibited. Cover photo credits: Rio Tinto Iron Ore *RYHUQPHQWRI:HVWHUQ$XVWUDOLD 'HSDUWPHQWRI0LQHVDQG3HWUROHXP *RYHUQPHQWRI:HVWHUQ$XVWUDOLD 'HSDUWPHQWRI0LQHVDQG3HWUROHXP (QYLURQPHQW CONTENTS FOREWORD ........................................................................................................................................ 3 1. EXPLORATION AND MINERAL AND PETROLEUM TITLES 1.1 Minerals Exploration ............................................................................................................... 4 1.2 Petroleum Exploration ............................................................................................................ 5 1.3 Mineral Titles.......................................................................................................................... 5 1.4 Petroleum Titles ..................................................................................................................... 6 2. MINERAL AND PETROLEUM INDUSTRY 2013–14 REVIEW 2.1 Overview ................................................................................................................................ 7 2.2 Iron Ore ................................................................................................................................ 12 2.3 Petroleum ............................................................................................................................ 17 2.4 Gold ..................................................................................................................................... 27 2.5 Alumina ............................................................................................................................... 30 2.6 Nickel ................................................................................................................................... 32 2.7 Base Metals ......................................................................................................................... 35 2.8 Mineral Sands ...................................................................................................................... 39 2.9 Diamonds ............................................................................................................................. 41 2.10 Other .................................................................................................................................... 42 3. EMPLOYMENT, INVESTMENT AND ROYALTIES 3.1 Employment ......................................................................................................................... 46 3.2 Investment ........................................................................................................................... 48 3.3 Royalties .............................................................................................................................. 50 TABLES 1. Mineral Tenements in Force .................................................................................................... 5 2. Petroleum Titles in Force ........................................................................................................ 6 3. Royalty Receipts ................................................................................................................... 51 4. Quantity and Value of Minerals and Petroleum ...................................................................... 52 5. Quantity and Value of Selected Major Commodities .............................................................. 54 6. Value of Minerals and Petroleum by Region by Commodity ................................................... 56 7. Value of Minerals and Petroleum by Region by Local Government Area ................................. 57 8. Average Number of Persons Employed in the Minerals Industry ............................................ 58 9. Principal Mineral and Petroleum Producers .......................................................................... 65 ABBREVIATIONS ................................................................................................................................ 71 WEIGHTS AND MEASURES ................................................................................................................ 71 UNITS AND CONVERSION FACTORS ................................................................................................... 71 DATA SOURCES ................................................................................................................................. 72 MAPS 1. Local Government and Regional Boundaries ......................................................................... 73 2. Local Government and Regional Boundaries Insert ............................................................... 74 3. Major Mineral and Petroleum Projects in Western Australia ................................................... 75 4. Major Mineral and Petroleum Projects in Western Australia Insert ......................................... 76 WESTERN AUSTRALIAN MINERAL AND PETROLEUM STATISTICS DIGEST 2013–14 1 LIST OF FIGURES Figure 1. Mineral Exploration Expenditure .............................4 Figure 33. Countries Importing LNG in 2013 ........................25 Figure 2. Petroleum Exploration Expenditure .........................5 Figure 34. LNG Import Prices ..............................................26 Figure 3. Average Price Comparison 2012–13 and Figure 35. Average LNG Import Prices ..................................26 2013–14 .............................................................9 Figure 36. Gold Price ..........................................................27 Figure 4. Exchange Rate Trade-Weighted Index ....................9 Figure 37. Gold Quantity and Value by Quarter ......................27 Figure 5. Exchange Rate US$/A$ .........................................9 Figure 6. Non-rural Commodity Price Index ........................10 Figure 38. Historic Gold Price, per Ounce .............................27 Figure 7. Australian Dollar Exchange Rate against Figure 39. Gold Exports ......................................................29 Major Currencies ................................................10 Figure 40. Gold Production ..................................................29 Figure 8. Major Commodities by Value ...............................10 Figure 41. Alumina Quantity and Value by Quarter ................30 Figure 9. Western Australian Mineral and Petroleum Exports 2013–14 ...............................................11 Figure 42. Alumina Price – A$/tonne ...................................30 Figure 10. Western Australian Merchandise Exports Figure 43. Alumina Exports .................................................30 2013–14 ...........................................................11 Figure 44. Alumina Quantity ................................................31 Figure 11. Western Australian Merchandise Exports by Country 2013–14 ..........................................11 Figure 45. Nickel Exports ....................................................32 Figure 12. Australian Merchandise Exports 2013–14 ............11 Figure 46. Nickel Price A$/tonne .........................................32 Figure 13. Value by Commodity 2013–14 ............................11 Figure 47. Nickel Quantity and Value by Quarter ...................33 Figure 14. Iron Ore Exports ..................................................12 Figure 48. Nickel Quantity ...................................................33 Figure 15. Iron Ore Quantity and Value by Quarter ................12 Figure 49. Historic Nickel Price per tonne .............................33 Figure 16. China’s Crude Steel Production and Iron Ore Imports .................................................14 Figure 50. Copper Price ......................................................36 Figure 17. China’s Iron Ore Imports by Country Figure 51. Lead Price ..........................................................36 for 2013 ............................................................14 Figure 52. Zinc Price ..........................................................36 Figure 18. Iron Ore Quantity ................................................15
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