Resource employment soars in WA
PERTH (miningweekly.com) – New data from the Western Australian Department of Mines, Industry Regulation and Safety has shown that a record number of Australians were currently employed by the state’s mining sector, while revenues from mineral and petroleum sales increased by A$30-billion on the previous year,
Iron-ore sales reached a record A$78.2-billion in 2018-19 and gold sales reached an all-time high of almost A$12-billion with the Australian dollar gold price at record levels.
The Australian dollar gold price averaged $1 958 in June, which is the first time it has broken through the $1 900 mark.
Western Australia's mineral and petroleum industries reported sales of A$145-billion. The A$30-billion increase in sales, compared to 2017-18, was the result of improved iron-ore prices and increasing liquefied natural gas (LNG) volumes.
Alumina and bauxite sales reached a record A$8.3-billion following continued increases in bauxite exports and LNG sales increased more than 50% to reach almost A$29-billion.
“These record figures across the mining sector reflect the strength of the government's commitment to supporting industry investment in Western Australia and creating jobs,” said Mines and Petroleum Minister Bill Johnston.
The average number of individuals employed in the Western Australian minerals sector in 2018-19 was 124 010, up from 112 008 the previous year.
“State government initiatives such as the Exploration Incentive Scheme and Streamline Western Australia, which is improving regulatory practice, is helping the resources industry succeed.
“Interest and investment in the resources sector remains strong, Western Australian projects in the pipeline had an estimated value of A$108-billion in September 2019."
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