Discovery - June 2012
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Product description:ContentsP2 Minister’s Foreword P4 Secretary’s Message P6 Coal Allocation Update The Victorian Government is carrying out an assessment of market interest in its vast brown coal reserves ahead of a decision on whether to carry out a fresh round of coal allocation in the Latrobe Valley. P8 Regal Resources Regal Resources Ltd. has advanced its program to develop Underground Coal to Liquids operations on its brown coal tenement west of Werribee. P9 Second Symposium on the sustainable use of low rank coal The Department of Primary Industries hosted the Symposium from 16 – 19 April 2012 in Melbourne. P10 The New gas Order In Victoria Victoria’s demand for gas continues to grow, expert analysis indicates that Victoria’s gas demand will double by 2030. This creates a significant exploration and production opportunity. P11 2012 Victorian Petroleum Acreage Release The 2012 Victorian Petroleum Acreage Release encompasses six areas in the Otway and Gippsland Basins. P14 Origin Energy Origin Energy’s Otway Gas project has been enhanced to dramatically improve gas recoveries from the offshore fields supporting the venture. P15 Bass Strait Gas Projects Securing Victoria’s energy future with the $4 billion Kipper/Turrum/Tuna gas project, now in its middle stages, being built by ExxonMobil with partners BHP Billiton and Santos Ltd. P16 National Offshore Petroleum Titles Administrator (NOPTA) The Commonwealth Government has established the National Offshore Petroleum Titles Administrator and expanded the role of the National Offshore Petroleum Safety Authority. P17 Metal resources Update The lure of golden riches from the Victorian gold fields has proved strong as global bullion prices have soared to near record levels in recent months. P18 Newcrest Bolsters Confidence in Gold The gold industry has been given a confidence boost by Australia’s biggest gold producer, Newcrest Mining. P19 The Melbourne Mining Club Founded in 2001, the MMC is a not-for-profit organisation established to promote the minerals industry and provide a networking forum for those with an interest in the sector. P20 CarbonNet Project In February 2012 the CarbonNet project was selected by the Commonwealth Government as a carbon capture and storage (CCS) Flagship Project and awarded $100 million in a joint Commonwealth Victorian government funding. P22 CO2CRC Otway Project The CO2CRC Otway Project in SW Victoria, led by the Cooperative Research Centre for Greenhouse Gas Technologies, is Australia’s first demonstration of the deep geological storage of carbon dioxide. P23 Legislation Update Significant amendments to the Mineral Resources (sustainable Development) Act 1990 came into effect on 1 February 2012. P24 mineral sands Update Victoria’s rich Murray Basin mineral sands deposits have become a key element of the state’s mining wealth and with the development of a major new ore body, will remain a world leader in the heavy minerals industry. P26 Extractive Industry The Workshop achieved a common understanding between Industry and Government. P27 Mineral Tenement Updates What’s happening with mineral applications and licences. P28 Major Development and Operating Projects Location map of activities in Victoria. Download The downloadable version of Discovery magazine is supplied in PDF format. | ||||||
