50 leading mining companies that are driving transformations in mine closure
50 leading mining companies that are driving transformations in mine closure
Highlights:
- Along with 50 other leading mining companies, Decipher is involved with the Cooperative Research Centre for Transformations in Mining Economies (CRCTiME)
- The program enables transformational change in mine closure through sustained industry, research and community collaboration
What are the challenges?
Transforming mining economies to enable Australian regions and their communities to build a successful post mine future is a growing challenge.
- The social and economic landscape for mining is changing in line with community expectations
- Mechanisms for collaboratively building a shared vision of post mine options need improvement to secure a better future for investment in Australian jobs and resources, and create a genuine and enduring partnership between regional businesses, communities, governments and mining companies
- The broader community’s expectations of the mining sector are high. Addressing them will ensure the mining sector continues to contribute strongly to the national economy and Australian society
What is CRC-TiME?
The CRC-TiME brings together 50 leading mining companies, mining equipment, technology and services (METS) companies, regional development organisations, local, State and Commonwealth governments and research partners. This unique coalition will bring scale and coordinated investment in research that will deliver transformational change in mine closure.
CRC-TiME will provide all the stakeholders involved with the closure, relinquishment and creation of a post-mine regional future with new tools and technologies to make better decisions and lower residual risk into the future.
Social, environmental, economic and technical research will be conducted through three highly integrated programs.
In addition, CRC TiME will address a siloed and fragmented approach to closure research through two cross cutting themes. The CRC will network a series of national demonstration sites to test solutions that are scalable and transferable and will implement shared data and systems integration policies to promote transparency across sites, companies, governments, researchers and the public.
What does success look like?
Over the coming decade, a successful CRC-TiME will transform mining economies to deliver:
- increased certainty of relinquishment
- reduced likelihood of abandonment
- diversified post mine economies
- new Australian businesses supplying a global market
It will build trust between mining companies, regulators and communities, and improve the business settings for closure and succession.
CRC-TiME will support the vision of the Australian Government’s National Resource Statement:
“To have the world’s most advanced, innovative and successful resources sector which delivers sustained prosperity and social development for all Australians”.
Who are the current partners?
What is the proposed programme structure?
To find out more about mine rehabilitation, check out our FREE guide here.
FAQ:
What is mine closure planning?
Mine closure planning involves planning effectively for the after-mining landscape – all activities required before, during, and after the operating life of a mine that are needed to produce an acceptable landscape economically. Closure performance refers to the activities near and after mine closure and how well activities listed in the closure plan are carried out. A mine begins to close the day it opens.
What is CRC-TiME?
The CRC-TiME brings together 50 leading mining companies, mining equipment, technology and services (METS) companies, regional development organisations, local, State and Commonwealth governments and research partners. This unique coalition will bring scale and coordinated investment in research that will deliver transformational change in mine closure. CRC-TiME will provide all the stakeholders involved with the closure, relinquishment and creation of a post-mine regional future with new tools and technologies to make better decisions and lower residual risk into the future.
Who is involved in the CRC-TiME?
There are over 50 leading mining companies, METS companies, regional development organisations, local, state and Commonwealth governments, and research partners including: Alcoa, BHP, Decipher, Rio Tinto, and South32.
Useful links:
- National consortium on mine closure passes first hurdle
- What are the different types of mine rehab?
- Is mine rehabilitation in Australia progressive?
- Speak to our team for a free demo of our mine rehabilitation tool, DecipherGreen
- See how our solutions help manage environmental, standard and approval requirements for mine rehabilitation here
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