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                <gco:CharacterString>In 1999, Australia's economic demonstrated resources (EDR) of bauxite, diamond, gold, iron ore, manganese ore, magnesite, mineral sands (ilmenite, rutile, and zircon), nickel, phosphate rock and tantalum rose, while those of copper, coal (black and brown), lead, lithium, silver, uranium and zinc fell. The reductions in EDR were due mainly to ongoing high levels of production; commodity prices were a subsidiary factor. EDR of all other commodities remained effectively unchanged.
EDR of bauxite and manganese ore increased by 16% and over 22% respectively, following reviews of resources information that became available during the year. Increases in EDR of both gem/near gem and industrial diamond resulted from delineation of additional resources in Western Australia. EDR of nickel and tantalum again reached record levels. Gold increased by 14%, surpassing the previous EDR high established in 1996.
Australia continues to rank highly as one of the world's leading mineral resource nations.
It has the world's largest EDR of lead, mineral sands, nickel, silver, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for bauxite, black coal, brown coal, copper, cobalt, copper, gold, iron ore, lithium, manganese ore, rare earth oxides, gem/near gem diamond and vanadium.</gco:CharacterString>
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