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Mining News – iMINCO

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MINING JOBS RESULT FROM SHELLHARBOUR EXPO

More than 400 Illawarra residents can expect to receive job offers over the next few days after attending the Shellharbour Jobs and Skills Expo yesterday. The residents demonstrated they were willing to go anywhere to find a steady job, including WA`s Pilbara region, where giant mines like the Roy Hill Project offer the promise of big salaries and fast money.

WA ECONOMY GROWING AT 14.7%

The WA government released their state finance report yesterday with their economy growing last financial year a fantastic 14.7% (nearly twice that of China) but mainly because of the multibillion dollar iron ore and LNG expansion programs in the State`s North West.

OLYMPIC DAM EXPANSION AGREEMENT TALKS

BHP Billiton has come through on their word that the Olympic Dam expansion project was only shelved not cancelled. The company has promised to spend hundreds of millions of dollars over the next four years to get its planning right for the expansion of its Olympic Dam mine (mining jobs for the future). The mining giant yesterday formally asked the State Government of SA to grant an extension to the agreement covering the expansion.

FORMER WOODSIDE MANAGING DIRECTOR�TO CHAIR�NEXUS ENERGY

Nexus Energy chief executive Lucio Della Martina has called on his one-time mentor Don Voelte to take on the chairmanship and help build the fledgling company into an LNG producer. The surprise appointment yesterday marks Mr Voelte`s return to the oil and gas industry, little more than a year since retiring as managing director of Woodside Petroleum where his main legacy was the Pluto LNG project development, overseen by Mr Della Martina.

LIVING AWAY FROM HOME ALLOWANCE REFORMS

The federal government`s reform of the living away from home allowance will come into effect next week after almost a year of consultation. However, WA`s significant FIFO workforce will be excluded from many of the changes thanks to last minute amendments to the legislation.

NT GOLD MINE MAY REOPEN

The Canadian bosses of Vista Gold will face the press in Darwin soon. The entire board of the gold mining company which is hoping to reopen the Mt Todd gold mine near Katherine in the Northern Territory, have flown to Darwin to meet with the new CLP Government.

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Mining News – iMINCO
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