MARKETS

Hooke resigns as MCA boss

LONG-serving Minerals Council of Australia chief executive officer Mitch Hooke will step down fro...

Lauren Barrett
Hooke resigns as MCA boss

Hooke, who has been CEO of the council since May 2002, has agreed to continue as a special advisor for 12 months after finishing up in the position.

In a statement, MCA chairman Peter Johnston said Hooke had an enormous impact on the mining industry and the Australian public-policy landscape.

Hooke was a vocal opponent of former prime minister Kevin Rudd’s controversial Resource Super Profits Tax, arguing it would hit the industry’s workforce, the millions of Australians with shares in superannuation or minerals companies and the thousands of small businesses that serviced the industry.

MCA’s sticking points included not treating all commodities equally and lowering the headline tax rate of 40% to something more in line with global tax rates.

Hooke, in conjunction with the industry, put up a strong and effective campaign against the tax, with the intense backlash for the tax eventually resulting in its scrapping in early 2011.

As a result, the watered down Minerals Resource Rent Tax was born from negotiations with Prime Minister Julia Gillard, Rio Tinto, Xstrata and BHP Billiton, with Hooke having been involved in the lead-up to the talks.

In addition, Johnston credited Hooke for improving the industry’s environmental and social performance as well as enhancing the sector’s relationship with indigenous Australians.

“Ten years ago this industry charged Mitch with reforming the MCA,” Johnston said.

“He has built a strongly and highly regarded organisation with a very capable secretariat, an engaged membership and a reputation for policy integrity and credibility.”

The MCA has now kicked off the search for Hooke’s successor.

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

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

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