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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.
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
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]
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.
An Analysis of Historic Production Trends in Australian Base Metal Mining, Ore Geology Reviews, 32 (1–2), 2007, pp 227–261. An Assessment of the Sustainability of the Mining Industry in Australia Australian Journal of Multi-Disciplinary Engineering, 5 (1), 2007, pp 1–12.
Mineral resources are an increasingly valuable commodity within Australia's mining and mineral sector. [4] Australia's largest exports include ‘coal, oil and gas, metals, non-metals and construction materials’, and their mass distribution accounts for a substantial revenue into the Australian economy.
Iron ore mining in Western Australia, in the 2018–19 financial year, accounted for 54 percent of the total value of the state's resource production, with a value of A$78.2 billion. The overall value of the minerals and petroleum industry in Western Australia was A$145 billion in 2018–19, a 26 percent increase on the previous financial year.
The Department of Mines and Petroleum, later renamed the Department of Mines, Industry Regulation and Safety, the governing authority for the industry in the state, has published statistics for fatalities in mining dating back to 1943 and intends to publish statistics dating back to 1886, though early records are not expected to be exhaustive. [3]
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