Western Australian Mineral and Petroleum Statistics Digest 2012-13

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Western Australian Mineral and Petroleum Statistics Digest 2012-13 Government of Western Australia Department of Mines and Petroleum WESTERN AUSTRALIAN MINERAL AND PETROLEUM Government of Western Australia Department of Mines and Petroleum STATISTICSMineral Titles DIGEST 2012–13 Government of Western Australia Department of Mines and Petroleum Environment Government of Western Australia Department of Mines and Petroleum Petroleum 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 © 2013 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 2012–13 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 ...................................................................................................................... 38 2.9 Diamonds ............................................................................................................................. 41 2.10 Other .................................................................................................................................... 42 3. EMPLOYMENT, INVESTMENT AND ROYALTIES 3.1 Employment ......................................................................................................................... 46 3.2 Investment ........................................................................................................................... 47 3.3 Royalties .............................................................................................................................. 50 TABLES 1. Mineral Tenements in Force 1978 Act .................................................................................... 5 2. Petroleum Title Areas – By Title Type ...................................................................................... 6 3. Royalty Receipts 2011-12 and 2012-13 .............................................................................. 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 WA Minerals Industry ...................................... 58 9. Principal Mineral and Petroleum Producers (Effective September 2013) ............................... 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 2012–13 1 LIST OF FIGURES Figure 1. Mineral Exploration Expenditure .............................4 Figure 33. Average Natural Gas Prices .................................25 Figure 2. Petroleum Exploration Expenditure .........................5 Figure 34. Western Australian Average Domestic Natural Gas Price ................................................25 Figure 3. Average Price Comparison 2011–12 and 2012–13 .............................................................9 Figure 35. LNG Import Prices ..............................................26 Figure 4. Exchange Rate Trade-Weighted Index ....................9 Figure 36. Average LNG Import Prices..................................26 Figure 5. Exchange Rate US$/A$ .........................................9 Figure 37. Gold Price ..........................................................27 Figure 6. Non-rural Commodity Price Index ........................10 Figure 38. Gold Quantity and Value by Quarter .....................27 Figure 7. Australian Dollar Exchange Rate against Figure 39. Historic Gold Price, per Ounce .............................27 Major Currencies ................................................10 Figure 40. Gold Exports ......................................................29 Figure 8. Major Commodities by Value ...............................10 Figure 41. Gold Production ..................................................29 Figure 9. Western Australian Mineral and Petroleum Exports 2012–13 ...............................................11 Figure 42. Alumina Quantity and Value by Quarter ................30 Figure 10. Western Australian Merchandise Exports Figure 43. Alumina Price – A$/tonne ...................................30 2012–13 ...........................................................11 Figure 44. Alumina Exports .................................................30 Figure 11. Australian Merchandise Exports 2012–13 ............11 Figure 45. Alumina Quantity ................................................31 Figure 12. Western Australian Merchandise Exports Figure 46. Nickel Exports ....................................................33 by Country 2012–13 ..........................................11 Figure 47. Nickel Price A$’000/tonne ..................................33 Figure 13. Value by Commodity 2012–13 ............................11 Figure 48. Nickel Quantity and Value by Quarter ...................34 Figure 14. Iron Ore Exports ..................................................12 Figure 49. Nickel Quantity ...................................................34 Figure 15. Iron Ore Quantity and Value by Quarter ................12 Figure 50. Historic Nickel Price per tonne .............................34 Figure 16. China’s Crude Steel Production and Iron Ore Imports .................................................14 Figure 51. Copper Price ......................................................37 Figure 17. China’s Iron Ore Imports by Country
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