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Key Resource Opportunities

Victoria is endowed with a variety of commodities including brown coal, gold, petroleum, mineral sands and base metals. It also has emerging industries such as geothermal energy and geosequestration.

Download our information sheets below to find out more about the State's key resource opportunities.

Base metals

Copper

Base metal occurrences exist throughout the State of Victoria with particularly strong under cover prospectivity in the state’s northwest. Base metal ores present in Victoria contain relatively common metals such as copper, lead, zinc, molybdenum and nickel.

Future opportunities for Base Metals

Coal

Coal mining

Victoria offers investors the opportunity to develop low-cost brown coal projects from one of the world’s largest, high-quality coal resources, located close to potential carbon capture and storage sites.

Future Opportunities for brown coal

Gold

Gold bar

Victoria is a world-renowned gold province with a variety of deposit styles and world-class pre-competitive geoscientific information to guide explorers to major new discoveries.

Victoria has 13 goldfields that have each produced more than 1 Moz of gold, including one field of 22 Moz and another of 12 Moz. Many of these old goldfields offer an opportunity to reopen mines, add ounces through modern exploration in adjacent locations or find totally new deposits.

Future Opportunities for Gold


Mineral sands

Mineral sands

Victoria is emerging as a world-class mineral sands province offering explorers proven mineral endowment supported by quality geoscience information and sophisticated export infrastructure.

The State's extensive mineral sands deposits comprise titanium minerals (rutile and ilmenite), zircon, monazite and xenotime (containing yttrium).

Future Opportunities for Mineral Sands

Oil and gas

Petroleum

Offshore Victoria is a world-renowned oil and gas province with potential opportunities for explorers in new areas or through farm-in, underpinned by world-class pre-competitive information and ready access to existing infrastructure and markets.

Future Opportunities for Oil & Gas

For further information about Victoria's earth resources, contact us.