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PACE successes

Download PACE 2004-2009

PACE successes (.pdf 5.5Mb, opens in new window)

cover of PACE report 2004-09

Complete 2009 PACE report

More information and enquiries

PACE Manager
Miles Davies
Phone: +61 8 8463 3159
Email: Miles.Davies@sa.gov.au

PACE Marketing
Mrs Tania Davies
Phone: +61 8 8463 3012
Email: Tania.Davies@sa.gov.au

 

 

  • RMG Services Pty Ltd made the Carrapateena Cu–Au discovery (.pdf 2.0Mb, opens in new window) in June 2005 with the aid of PACE Theme 2 funding. The discovery has subsequently resulted in Teck Resources Cominco Ltd investing a minimum of $16 m into further exploration in a joint venture arrangement. To date over 40 holes of the current drill program have been completed with all indicating a Cu–Au mineralisation system similar to that seen in the original discovery drillhole, CAR002. More than 75 000 m of drilling has been completed to date and a preliminary scoping study is underway.
  • Record level of metres approved for drilling in 2008, with the yearly total at 1 314 219 m, compared to 364 010 m for 2005.
  • The Northern Olympic Domain gravity survey was the largest regional gravity survey conducted in South Australia in over 40 years and covering approximately 20 000 kmē of the state.
  • The release of new geoscientific mapping data through leading edge online services has generated significant additional exploration activity and applications for tenements in the Gawler Craton and Curnamona Province.
  • Successful establishment of the South Australian Centre for Mineral Exploration Under Cover (CMXUC) (external site, opens in new window) at Adelaide University and the appointment of Professor David Giles as Chair of Economic Geology; and the establishment (in partnership with industry and the University of Adelaide) of the new Mining Engineering School with Professor Ian Plimer as Chair of Mining Geology.
  • There has been a far deeper engagement with Indigenous communities in the Anangu Pitjantjatjara Yankunytjatjara (APY) Lands leading to a template deed of agreement and new licences being granted in one of the last frontiers of exploration.
  • 1.4 million pages of open file company reports were scanned and are available online through SAMREF.
  • Raised awareness internationally of South Australia’s high mineral prospectivity and potential for new discoveries to global explorers, resulting directly from the work of the SAMPEG.
  • The Department of Environment and Heritage (DEH) and Department of Primary Industries and Resources SA (PIRSA) have developed guidelines for baseline biological survey methodologies that should be followed prior to intensive resource development activities commencing within a park or reserve.
  • South Australia’s ranking in the Fraser Institute of Canada’s Annual Survey of Mining Companies has improved markedly since PACE began. South Australia now maintains a competitive top 10 ranking
    in the area of mineral potential index.
  • In 2005–2006 the Minerals Council of Australia ranked South Australia as the best overall against other states and territories in its Scorecard of Mining Project Approval Processes. In particular, PIRSA’s performance in the areas of native title and Indigenous land access processes stood out compared with the other states.
  • PACE was nominated for the 2006 Digger of the Year award at the national Digger’s and Dealers Conference in Kalgoorlie, Western Australia. This is the first time a government has ever been nominated for such an award.
  • An evaluation of the PACE initiative in January 2007, demonstrated a net benefit of in excess of $300m using an 'ex ante' approach. Both the Treasury and South Australian Economics Centre have confirmed this economic analysis.
  • Extension to the original 5 year PACE initiative by 2 years and a further $8.4 million, bringing the total value of PACE to $30.9 million over 7 years.
  • A PIRSA customer survey indicated that 96% of respondents stated that PACE was very effective in increasing industry awareness of the exploration opportunities in South Australia.