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
Mineral and energy resources contributed ~11% of GDP in 2019-2020. The future of this contribution is at risk due to the trend of declining discovery of major, new mineral deposits. The challenge lies in exploring for deposits buried under the overlying sand, soil and sediment that covers much of Australia.
Where are we now?
Now in its fourth 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.
This new set of exploration tools recognise the fundamental importance of collecting 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 drilling programs completed in 2020 and 2021. The NDI is a world-first collaboration of Geological Surveys, researchers and industry, to undertake drilling in under-explored areas of potential mineral wealth and provide a test-bed for new mineral exploration technologies.
Other notable CRCs within the resource sector: