Mining investment and Australian mining mobs continue, with big dollars still being thrown at our resource sector.
There’s been a lot of news over the past few months about the state of the mining and resource sector in Australia. Lower commodity prices, the slowdown in the Chinese economy (7.5% growth), a weakening Aussie dollar and so on. However, take note – there is still a lot of activity in the mining and resource sector and optimism and positivity is rising once again.
BIG Australian mining jobs news that hit headlines in the past week:-
- Rio Tinto shipped the first iron ore produced from its massive multi-billion dollar expansion program earlier in the week of which this Monadelphous contract is part of this expansion plan.
- Around 1300 mining WA jobs could be created as mining and engineering contractor Forge Group wins a $1.47 billion Roy Hill mine contract.
- Swick`s Newmont APAC drilling contract has been renewed for three more years, which could mean more mining jobs WA.
- 160 pipeline construction LNG jobs – A new gas pipeline in WA is set to create more mining jobs in the region as Chevron`s Wheatstone LNG project presses on.
- BHP opened its $US1.4 billion Daunia coking mine in Queensland a huge mine coming in 3 months early and a huge $250 million under budget.In light of this Caval Ridge mine is als likely to come early and under budget with completion expected in early 2014. Daunia coking mine is part BMA’s $7.7 billion US investment into several significant mining projects in QLD. These encompass the Caval Ridge mine, the current expansion of the Hay Point Coal Terminal and the Broadmeadow mine extension completed earlier this year.
Reference: Mining News Australia – Investment Continues in Australian Mining Sector