Maintaining the economic impact of Australia's mineral industry
AIMR shows that there have been very few world-class discoveries in Australia in the past two decades and that the inventory has been sustained largely through delineation of additional resources in known mineral fields. Most of Australia's current mineral production and exports are sourced from deposits discovered during exploration more than two decades ago.
Sustaining the strength of the minerals sector is dependent on:
?discovering a new generation of large low-cost mineral deposits to sustain the resource base; and
?increasing mine production to maintain world market share for major mineral commodities.