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Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia , particularly the gold rushes of the 1850s.
The Mining and Energy Union (MEU) is Australia's main trade union in the coal industry, which includes mines, power stations and ports.It also covers workers in the metalliferous mining and exploration industries, as well as specific classes of workers working in the oil, gas, nuclear, chemical production and power generation industries. [1]
Mining companies such as Rio Tinto have said that it is also the government's responsibility to deal with the side effects of fly-in fly-out, including housing shortages and the need to develop further infrastructure in the mining regions such as hospitals and schools to fulfil demand, as the Government benefits greatly from increased tax and ...
At the height of the mining boom in 2009–10, the total value-added of the mining industry was 8.4% of GDP. [37] Despite the recent decline in the mining sector, the Australian economy has remained resilient and stable [38] [39] and did not experience a recession from 1991 until 2020.
In 2019-20 Australia exported 390 Mt of coal (177 Mt metallurgical coal and 213 Mt thermal coal) and was the world's largest exporter of metallurgical coal and second largest exporter of thermal coal. [3] While only employing 50,000 mining jobs nationally coal provides a rich revenue stream for governments. [4]
Located near Orange in New South Wales (NSW), Cadia plays a significant role in Newmont's portfolio and the Australian mining sector. It produces nearly 600,000 ounces of gold and a large share of ...
Iron ore mining in Western Australia, in the financial year 2018–19, accounted for 54 percent of the total value of the state's resources exports, with a value of A$78.2 billion. The overall value of the mineral and petroleum industry in Western Australia was A$145 billion in 2018–19. [5]
Operational Status of Australian Mines and Mineral Deposits Status Count Comments Mineral Deposit: 2068: Under Development: 38: A mineral deposit that is currently under development Care And Maintenance: 95: Historic Mine: 1234: Operating Mine: 379: A mine that is currently operating and/or production Feasibility: 29
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