Re-commercialisation of abandoned mines
The draft Queensland Resources Industry Development Plan (QRIDP) sets out a 30-year vision for Queensland's resources industry: to be a resilient, responsible and sustainable resources industry that grows as it transforms.
The plan identifies 6 key focus areas where government and industry need to take action. One area is to grow and diversify the industry, with an action being to conduct a pilot program to investigate the re-commercialisation of abandoned mines.
Mine re-commercialisation is a growing area of interest. Technology used to recover minerals in closed mine sites is improving constantly, and investors are increasingly considering mining within a circular economy.
Queensland has around 120 complex abandoned mine sites that are managed by the department. Several of these sites have potential for re-commercialisation due to their tailings storages, stockpiles or remaining in-ground resources.
We have commenced a pilot program to investigate the release of an abandoned mine site for re-commercialisation.
Restricted Area 442 (RA 442) – which includes the Wolfram Camp and Bamford Hill sites and prospective targets such as Four Mile and Eight Mile – has been identified for this pilot. It includes land covered by previous mining leases and associated exploration permits disclaimed by the former operator of the abandoned Wolfram Camp Mine.
We are seeking industry feedback though a market-sounding exercise to investigate commercial viability for all or some of RA 442.
Learnings from the pilot program will inform recommendations for a framework to lift Restricted Area 442. They will also inform the development of a package for potential release to market by June 30, 2022.
Register your interest
If you would like to participate in the industry market-sounding exercise, please email your details to: firstname.lastname@example.org
Last updated 22 December 2021