Statistics Digest 1991-92
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1991-92 MINERAL AND PETROLEUM PRODUCTION STATISTICAL DIGEST Royalties and Policy Development Division DEPARTMENT OF MINERALS AND ENERGY WESTERN AUSTRALIA STATISTICAL DIGEST OF MINERAL AND PETROLEUM PRODUCTION 1991-92 ROYALTIES AND POLICY DEVELOPMENT DIVISION DEPARTMENT OF MINERALS AND ENERGY WESTERN AUSTRALIA MINERAL HOUSE 100 PLAIN STREET EAST PERTH WA 6004 TELEPHONE: (09) 222 3106 INTERNATIONAL: 61 9 222 3106 FACSIMILE: (09) 222 3289 INTERNATIONAL: 61 9 222 3289 DECEMBER 1992 CONTENTS Page Abbreviations, References, Units and Conversion Factors (i) 1. OVERVIEW 1.1 Review of the World Economy 1 1.2 Review of the Australian Economy 2 1.3 Economic Factors Affecting the Mining Industry 2 1.4 Social and Political Factors Affecting the Mining Industry 4 REVIEW OF MAJOR MINERALS AND PETROLEUM 2.1 Iron Ore 6 2.2 Gold 7 2.3 Petroleum 9 2.4 Alumina 11 2.5 Nickel 12 2.6 Diamonds 14 2.7 Heavy Mineral Sands 14 2.8 Summary and Outlook 16 3. QUANTITY AND VALUE OF MINERALS AND PETROLEUM 1990-91, 1991-92 18 4. QUANTITY AND VALUE OF MINERALS AND PETROLEUM BY LOCAL 21 GOVERNMENT AREA 5. QUANTITY AND VALUE OF MINERALS AND PETROLEUM BY MINERAL-FIELD 29 6. ROYALTY RECEIPTS 1990-91, 1991-92 36 7. EMPLOYMENT IN THE MINERALS AND PETROLEUM INDUSTRIES 39 8. PRINCIPAL MINERALS AND PETROLEUM PRODUCERS 43 1-661. ’9861- Slcll’qO3EI AlqVAOEt 3AI..LVEIVclIAIOO I.’9 1.661- ’9861. 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SlctlE]O=IEI A/7VA, OEI I.’9 6~ G7EII4-7VEtqNIIAI A~] Ii~nq7OEl_L=lcl (3NV S7VEIqNIIhl 90 =In7VA (]NV AII/NVnO I.’~ VqEIV IN=I~NEI=IAOE) -IVOO’-] A~] ~naqO~.L=la GNV 8IVEIqNIIA] =10 =I~"]VA GNV AllZNVnO 1.’1~ 81. ;56-1.661. ’1.6-0661. IAIn=17ON/aa GNV SIVEI3NII/~ -IO 3R-1VA GNV AIlINVIqO S~78Vl ABBREVIATIONS, REFERENCES, UNITS AND CONVERSION FACTORS As the following document makes use of abbreviations and references, an explanation of each has been included below. A conversion table, relating the..units by which various commodities are measured, has also been provided. ABBREVIATIONS cons concentrates f.o.t, free on truck f.o.b, free on board n.a. not available f.o.r, free on rail n.ap. not applicable REFERENCES N,A. Not available for publication. (a) Estimated f.o.b value. (b) Metallic by-product of nickel mining. (c) Value based on the average Australian Value of Alumina as published by the by the Australian Bureau of Statistics. (d) Value at works. (e) Estimated ex-mine value. (f) Value based on monthly production and average gold price of that month as supplied by the Gold Producers’ Association. (g) Estimated f.o.t value. (h) Estimated f.o.b value. Estimated f.o.b value based on the current price of nickel containing products. (J) Delivered value. (k) Metallic by-product of copper mining. UNITS AND CONVERSION FACTORS Conversion factors Metric Unit Symbol Imperial Unit Multiply Multiply Imperial Metric Unit by Unit by Mass gram g troy (fine) ounce (oz) 31.103522 0.032151 kilogram kg pound (Ib) 0.453592 2.204624 tonne t long ton (2,240 Ibs) 1.016046 0.984207 tonne t short ton (2,000 Ibs) 0.907185 1.102311 Volume kilolitre kl barrel (bbl) 6.28981 0.158987 kilolitre kl cubic metre (m3) 1 Energy gigajoule GJ million million British Themal units (mmBTu) 1.055072 0.947803 Prefix kilo (k) 103 NW Shelf Gas mega (M) 106 giga (G) 109 1 TCF = 1082 petajoules tera (T) 1012 1 Mt = 54 petajoules peta (P) 1015 ~AOU S! s!seqduJe ~O!lod s,ueder’ q6noq;IV e ]no PelnJ eAeq S]S!LUOUOOe ’/LIeAOOeJ SIq eq; JO/q!l!qeu!e]sns eq; JeAO s]s!sJed/qe!xue el!qAA "~LUOUOOe leOJ oq], O:~U! 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Luee]s u!euu eq] ’~6-~66~ 6u!Jnp ~LUOUOOe PlJOt~ dn ~lo!d plnoqs qo!q~/ue^ooeJ Nee~ eq~ u! q]~woj6 IleJeAo euJos se~ eJeq] el!qM e 6u!;oalJeJ ]ueoJed oNq punoJe eq Plnoqs ~66L 6u!Jnp q~oJ60!LUOUOOq "dLUnlS e O~U! Atuouoo:l PlJOM alp, |0 Me!AeI:I I." I- ~toeq P!IS/ue^ooeJ/£q]leeq ~l;ueJedde ue ueq~ uo!sseoeJ d!pelqnop s,Jee~ ;Sel jo ~31Al=I3AO "I. focussed on a mild expansion of public weak. Expectations for general business spending, monetary measures are still to the conditions over the next six months have been fore. Interest rate cuts should reduce pressure revised down. on the banking system and any boost in stock prices will make available more equity funding The reliance of Australian primary producers for business investment. It is reasoned that by on overseas markets was again demonstrated diminishing the air of crisis which has been as depressed commodity prices continued to overhanging the banking system and force adjustments on exporters. stockmarket, both business and consumer confidence should revive. While improvement is expected in some sectors, there is little evidence of broad There is an emerging consensus among recovery in mineral and petroleum product Australian mineral producers that the prices. traditional emphasis on the US and other major industrialised economies as the main 1.3 Economic Factors Affecting the Mining engines of growth may be misplaced. An Industry alternative strategy could see an increased effort in developing trade and cooperative Western Australia’s export dependent minerals production links with the high growth and energy industry is now in the second year economies of South East and North Asia.