Current exploration activity

There are more than 670 mineral exploration licences currently in force in NSW These licenses cover more than 90,000 km2 or 11.26% of NSW land area.

The level of exploration activity is affected to a great extent by world commodity prices and current and predicted economic growth trends. The strong growth of the Chinese economy between 2010 and 2015 drove a significant  increase in demand for mineral resources. The opportunities still abound to the astute resource investor/explorer.

The state is coming to be recognised internationally as a major minerals resource province with resources of copper, gold, zinc and rare earths, in addition to a major source of thermal and coking coal.

The Australian Bureau of Statistics reports private mineral exploration expenditure in NSW was $122.1 million in 2014-15, focused mainly on gold and base metals.

 NSW new mining capital expenditure

The major regional focus for exploration in NSW in recent decades has been the Lachlan Fold Belt and Broken Hill regions for metallic deposits and the Murray Basin for mineral sands, but the New England Orogen in northern NSW and the Thomson Orogen frontier region in the far north-west of NSW are also increasingly seen as areas of interest for exploration. Visit the Mineral deposits maps web page for detailed information.

Exploration initiatives

The NSW government has allocated over $95 million in recent years through its exploration initiatives, creating strong incentives for explorers to invest in NSW.

One such initiative is the New Frontiers Exploration Initiative, funded by an annual rental fee since 2012, and designed to provide a significant stimulus to future exploration for mineral and petroleum resources in NSW.

The NSW government has overhauled the planning and approvals processes ensuring the benefits that flow to the economy through a vibrant and prosperous mining industry are taken into account, as part of a balanced and rigorous assessment process.

This aims to deliver greater certainty and confidence for investors and resilience to regional communities.

Exploration companies with activities in NSW

Company
Website
Commodities

Anchor Resources Ltd

www.anchorresources.com

Copper, Gold, Antimony

Anglo American PLC

www.angloamerican.com.au

Copper, Gold

Arc Exploration Ltd

www.arcexploration.com.au

Silver, Gold, Lead, Zinc

Argent Minerals Ltd

www.argentminerals.com.au

Silver, Gold, Lead, Zinc

Ark Mines Ltd

www.arkmines.com.au

Gold, Copper, Iron Ore, Zinc, Silver, Lead

Augur Resources Ltd

www.augur.com.au

Nickel Cobalt, Copper, Gold, Silver, Molybdenum

Aurelia Metals Ltd

www.aureliametals.com

Gold, Copper, Lead, Zinc, Silver, Tin, Bismuth, Indium, Tungsten

Ausmon Resources Ltd

www.ausmonresources.com.au

Gold, Copper, Silver, Zinc

Balamara Resources Ltd

www.balamara.com.au

Zinc, Copper, Lead, Silver, Gold

Capital Mining Ltd

www.capitalmining.com.au

Gold, Copper, Zinc, Silver, Lead, REE

Carpentaria Exploration Ltd

www.carpentariaex.com.au

Gold, Nickel, Copper, Iron ore and PGE

Castillo Copper Ltd

www.castillocopper.com

Copper, Zinc, Silver, Gold

China Molybdenum Co Ltd

www.chinamoly.com/en

Silver, Copper, Gold

Clancy Exploration Ltd

www.clancyexploration.com

Gold, Copper, Silver, Lead, Zinc

Golden Cross Resources Ltd

www.goldencross.com.au

Copper, lead, Zinc, Silver, Gold, PGE, Ni

Helix Resources Ltd

www.helix.net.au

Copper and Gold

Heron Resources Ltd

www.heronresources.com.au

Copper, Zinc, Lead, Silver, Gold

Impact Minerals Ltd

www.impactminerals.com.au

Nickel, Copper, PGE, Gold, Zinc, Silver, Lead

International Base Metals Ltd

www.interbasemetals.com

Copper, Gold

Ironbark Zinc Ltd

www.ironbark.gl

Copper, Zinc, Lead

Jervois Mining Ltd

www.jervoismining.com.au

Copper, Nickel, Scandium, Cobalt, Iron, Gold

KBL Mining Ltd

www.kblmining.com.au

Gold, Copper, Lead, Zinc, Silver

Kidman Resources Ltd

www.kidmanresources.com.au

Copper, Lead, Zinc, Silver, Gold

Kingsgate Consolidated Ltd

www.kingsgate.com.au

Silver

Mincor Resources NL

www.mincor.com.au

Copper and Gold

Minotaur Resources Ltd

www.minotaurexploration.com.au

Copper and Gold

MMG Ltd

www.mmg.com

Copper

New South Resources Ltd

www.newsouthresources.com.au

Gold, Silver, Magnetite, Hematite

Newcrest Mining Ltd

www.newcrest.com.au

Copper, Gold

Nonfemet

en.nonfemet.com

Zinc, Lead, Silver

Paradigm Metals Ltd

www.paradigmmetals.com.au

Copper, Gold, Tungsten

Peel Mining Ltd

www.peelmining.com.au

Silver, Tungsten, Copper, Gold

Regis Resources Ltd

www.regisresources.com.au

Copper, Gold

Sandfire Resources NL

www.sandfire.com.au

Copper, Gold

Silver City Minerals Ltd

www.silvercityminerals.com.au

Gold, Silver, Base Metals

Silver Mines Ltd

www.silverminesltd.com.au

Silver

Southern Crown Resources Ltd

southerncrown.com.au

Copper and Gold

St Barbara Ltd

www.stbarbara.com.au

Copper and Gold

Straits Resources Ltd

www.straits.com.au

Copper and Gold

Teck Resources Ltd

www.teck.com

Copper

Thomson Resources Ltd

www.thomsonresources.com.au

Copper, lead, Zinc and Gold

Toho Zinc Co Ltd

www.toho-zinc.co.jp/eng

Silver, Lead, Zinc

Variscan Mines Ltd

www.variscan.com.au

Lead, Zinc and Silver, Copper, Tin, Gold

White Rock Minerals Ltd

www.whiterockminerals.com.au

Gold, Silver and Copper