MARKETS

Sydney a major beneficiary of NSW mining: report

THE total direct mining spend in the broader Sydney region was $2.8 billion in 2015 financial yea...

Lou Caruana

This makes Sydney NSW’s second largest mining region, NSW Minerals Council CEO Stephen Galilee said.

“Significantly, the research shows that 6% of jobs in the Sydney Local Government Area are supported in some way by mining activity in other parts of NSW,” he said.

The NSW mining industry has shown significant resilience over the past year despite difficult market conditions.

“This report, completed for a fourth year, demonstrates the importance of mining to the NSW economy, even during tough times for our sector.”

The 23 participating mining companies directly injected $11.3 billion into the NSW economy in 2014/15, including $2.7 billion on wages and salaries to 21,265 full-time employees, and $7.3 billion on purchases of goods and services with 7,694 local NSW businesses.

The Hunter remains the beating heart of the state’s mining sector, accounting for $4.8 billion or 42% of this direct expenditure by mining in NSW.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production