Vic Government Invests $31M in Mining Jobs - iMINCO Mining Training Information

Vic Government Invests $31M in Mining Jobs

iMINCO Vic Government Invests $31M in Mining Jobs

Mining jobs in Victoria rarely hit the headlines these days. We’re more likely to hear about how mining investment has created more Queensland mining jobs.

However, it seems mine jobs in Victoria could be on the cards as the state government pledges over $31 million to stimulate mining investment.

The Victorian government has woken up to the fact its northern counterparts are enjoying a nice slice of the mining activity and is feeling a little left out. Subsequently, new reforms have shed light on the Vic government’s intention to cut red tape which it hopes will boost productivity and ignite mining investment in the state.

“It’s time for Victoria to take action”

Victoria has been considered a laggard when it comes to mining, despite the early boom times of the gold rush, long, long ago. It’s time for the state to take action and place itself on the mining map and challenge the other mining regions.

New South Wales and Queensland with their huge coalfields and various other mineral deposits like gold, zinc and copper, Western Australia’s enormous iron ore wealth, and South Australia and the Northern Territory with their uranium deposits as well as high copper levels are grabbing the limelight and attracting significant investment – Victoria now wants its share.

“Victoria now wants its share”

Even the Apple Isle, Tasmania, has seen a bit of mining activity of late, far greater than Victoria has see for many a year.

Back in 2012 Victoria was ranked the worst for all Australian statesin terms of how mining companies viewed government regulation and simplicity of doing business.

“state government pledges over $31 million to stimulate mining investment”

Consequently, the Victorian Government is steadfast in it’s resolve to change the negative sentiment, announcing it will spend spend $31.7 million over the next four yearson various activities that are targeted on building and sustaining its fledgling mining industry.

Acting Premier and Minister for State Development Peter Ryan along with Treasurer Michael O`Brien made a statement this week highlighting 36 ‘red tape’ reforms to attract new business in the mining sector.

In terms of mining this means cutting costs, streamlining the mining application process and offering up crown land for rehabilitation purposes.

“Victoria has a vibrant resources sector”

Victoria has a vibrant resources sector with a variety of minerals including brown coal, gold, petroleum, mineral sands and base metals. Rich supplies of brown coal, reported to be somewhere in the region of 430 billion tonnes can be found in thick seams near the surface.

Brown coal is predominantly used in electricity generation, and it currently provides Victoria with around 90 per cent of its electricity needs. Brown coal has previously been earmarked for export to Japan and India.

There is a bit of mining activity in Victoria as you can see from the table below. This is the first place to start looking for mining jobs.

Type of project

Name of project

Existing brown coal mines Hazelwood mine
Loy Yang mine
Yallourn mine 1 and 2
Anglesea mine
Mining licences and leases Vemco Environmental Pty Ltd
Yallourn Energy Pty Ltd
Yallourn Energy Pty Ltd
Yallourn Energy Pty Ltd
Hazelwood Power Corporation Pty Ltd
LYP Partner 3 Ltd
Coal-drying proposals Exergen
Coldry
Australian Lignite Export Project
Newtech Energy
Latrobe Fertiliser Project
Latrobe Resources
Coal/gas to fuel project proposals Monash Energy
Loy Yang A Bio Carbon Capture and Storage project
Regal Resources and Greenpower Energy Ltd
Yallourn coal-to-oil
Infrastructure proposals Port Anthony
Port of Hastings expansion
Exploration Licences Ignite Energy

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