Potential for Sustainable Mining Development in SA

Catherine Way Industry Development Manager

RenewablesSA Department for Manufacturing, Innovation, Trade, Resources and

Energy

June 2014

Mines and Developing Mineral Projects

2004 2013

• 21 Major Mines • ~30 Developing Mineral

Projects

• 5 World Class discoveries in last decade

• Prominent Hill • Jacinth-Ambrosia, • Carrapateena • Four Mile • Hillside

2014

Mineral Exploration Activity

2004

2014

Exploration Licence

Petroleum Tenements in South Australia Current June 2014

Geothermal Tenements in South Australia Current June 2014

World Wide Annual Renewable Energy Investment by Mining Industry

Source: Bureau of Resource Energy Economics

Source: Bureau of Resource Energy Economics

Source: Bureau of Resource Energy Economics

Solar Resource

Wind Resource

Geothermal Resource

Challenges: Renewable Energy and Mining Industry

• Supply of energy – 5 year investment timeframe

• Upfront cost

• Reliability perception

• Water availability

Mining Projects with Renewable Energy

• BHPB: 10 MW solar thermal plant for Minera El Tesoro mine

• Rio Tinto: 1.2 MW solar PV for Weipa