Question regarding mineral and petroleum exploration expenditure in the Kimberley region, specifically querying the discrepancy between figures cited by a government representative and data from Form 5 submissions. The answer clarifies the source of the cited figure and provides expenditure details.

AnsweredQoN 4189Legislative Council
Asked
26 May 2011
Portfolio
Mines and Petroleum

QuestionView source ↗

I refer to the Fourth Annual Kimberley Energy and Resources Development, 9 - 10 May 2011, Cable Beach Club Resort, Broome at which Dr Ivor Roberts, Executive Director – Mineral Titles Division, Department of Mines and Petroleum, spoke next on ‘Government initiatives and mineral project approvals in the Kimberley’, in which according to Mr Roberts, data from the Federal Government indicated that four billion had been expended last year on exploration, and I ask -
(1) Does form five expenditure support this figure?
(2) If yes to (1), what were the expenditure figures for 2010?
(3) If no to (1), why not?
(4) What were the expenditure figures for 2010?
(5) Can the Minister also advise what the total amount of expenditure exemptions for 2010 was?
(6) Which leaseholders sought and received expenditure exemptions for 2010?

AnswerView source ↗

Answered
9 August 2011
Responded by
Minister for Mines and Petroleum
Response time
75 days
(1) No.
(2) Not applicable.
(3) The exploration figure of four billion dollars quoted by Dr Ivor Roberts during his presentation at the Fourth Annual Kimberley Energy and Resources Development conference was for both minerals ($1.4017 billion) and petroleum ($2.4953 billion) and sourced from the Australian Bureau of Statistics' website at
http://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/8412.0Dec%202010?OpenDocument
(4) $1,600,511,395 (the combined total expenditure as reported from Form 5 submissions).
(5) Yes, $130,412,112.
(6) See tabled paper no [..........]
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