Minerals sector update

An update on activities and opportunities within Victoria’s minerals sector, including the North Central Victorian Goldfields Ground Release Tender, the ongoing success of the minerals sector, the temporary closure of Geological Survey of Victoria’s Drill Core Library and a summary of Victorian Government’s initiatives for businesses.

North Central Victorian Goldfields Ground Release Tender Update

The North Central Victorian Goldfields Ground Release Tender for minerals exploration rights over four large prospective blocks closed in February.

The evaluation of tender responses is taking place over the coming months, however, necessary measure taken by the government to slow the spread of coronavirus have impacted this process. The outcome of the tender is now expected to be announced in the second half of 2020.

We will provide more information and updates to tenderers as the situation unfolds.

Resources sector steps up

Minister for Resources Jaclyn Symes has today acknowledged the continued contribution of those working in the resources sector. The minerals industry is a success story and the good news has continued with strong interest across Victoria.

Resources Provide Building Blocks Of Victorian Resilience media release.

Geological Survey of Victoria’s Drill Core Library temporary closure

Victorian Government office receptions across the state are now closed in order to reduce face-to-face contact between staff and members of the community and reduce the spread of coronavirus. This includes the Geological Survey of Victoria's Drill Core Library located in Werribee.

The Drill Core Library contains over 18,000 bores, wells and drill holes representing approximately 1.5 million metres of drill core/cuttings from across Victoria.

You can search for drill holes with core/cuttings using GeoVic.

For updates on when the Drill Core Library will be open to the public, you can visit the website or contact gsv.drillcorelibrary@ecodev.vic.gov.au.

Victorian Government Initiatives for Businesses

The coronavirus pandemic is creating issues for businesses large and small who are facing a downturn in trade, bans on events and restrictions on indoor gatherings, as well as challenges in dealing with employee safety and entitlements.

Call the Business Victoria hotline on 13 22 15 to get the latest information on the response to coronavirus and how this affects businesses. This includes how to access financial support available through the state and national stimulus packages.

Applications for the Business Support Fund are now open. Funding of $10,000 per small business is available and will be allocated through a grant process. To be eligible, businesses must already employ staff, have payroll of less than $650,000 and a turnover of more than $75,000.

Business operators can also find information from Business Victoria.

Find out about Australian Government business support.

Contact: Mark Farrugia

Phone: (03) 8392 6913