What is MinEx CRC?
MinEx CRC is the world's largest mineral exploration collaboration bringing together Industry, Government and Research Organisations, backed by:
$50M cash from the CRC Program
$41M cash from geological surveys and industry
$51M non-staff in-kind
$78M or 311FTE staff in-kind
Where are we now?
In its third year of research, MinEx CRC is focused on a new set of exploration tools and new ways to deploy those tools that recognise the fundamental importance of collecting quantity and quality data from the subsurface.
MinEx CRC is focused on developing more productive, safer and environmentally-friendly drilling methods to discover and drill-out deposits.
This includes pioneering work on coiled tubing (CT) drilling technology and innovations in diamond and RC drilling techniques aimed at improved drilling optimisation and automation.
In parallel, MinEx is developing new technologies for collecting data while drilling. This is being undertaken in four separate industry-led projects utilising geophysical, seismic, downhole analytical and 3-d modelling improvements.
A National Drilling Initiative (NDI) is also underway, with two drilling programs completed in 2020. The NDI is a world-first collaboration of Geological Surveys, researchers and industry, which undertakes drilling in under-explored areas of potential mineral wealth in Australia and provides a test-bed for new mineral exploration technologies, including those developed by MinEx CRC.
Mineral and energy resources contributed ~11% of GDP in 2019-20. The future of this contribution is at risk due to the trend of declining discovery of major, new mineral deposits. The challenge to Australian mining has been captured by the Council of Australian Governments: “new greenfield discoveries are urgently required to ensure that an ongoing pipeline of mineral resource projects are available to meet future demands. Australia’s attractiveness as an exploration destination has been diminished by a range of factors including;
- perceptions of Australia as a mature exploration destination where there are fewer opportunities for new discoveries;
- challenges in exploring for deposits buried under the overlying sand, soil and sediment that covers much of Australia.”
There are few, if any, remaining major, new mineral deposits that are exposed at the Earth’s surface remaining to be found in Australia. The technical challenge of cost-effectively finding major, new mineral deposits hidden beneath barren cover rocks has not yet been met. Consequently, mineral exploration is moving from Australia to less well-explored countries with Australia’s share of global mineral exploration reducing from ~1/4 in the 1990s to ~1/8th currently.
In order to reverse this trend, we require a new set of exploration tools and new ways to deploy those tools which recognise the fundamental importance of collecting quantity and quality data from the subsurface. Collecting these data requires drilling.
MinEx CRC’s research includes:
- Developing more productive, safer and environmentally-friendly drilling methods to discover and drill-out deposits, including coiled tubing drilling technology.
- Developing new technologies for collecting data while drilling, bringing forward mine production.
- Implementation of a National Drilling Initiative (NDI) - a world-first collaboration of Geological Surveys, researchers and industry that will undertake drilling in under-explored areas of potential mineral wealth in Australia.
Other notable CRCs within the resource sector:
- CRC for Optimising Resources Extraction (CRCORE)
- Future Battery Industries CRC (active)
- CRC for Transformations in Mining Economies (CRC-TiME)