Results from the NSW Minerals Council’s latest annual Member Expenditure Survey have confirmed mining’s ongoing strong economic contribution to Cobar.
In the last financial year, participating mining companies supported over 932 local jobs in the Cobar Local Government Area (LGA), the highest number of jobs recorded in the history of the survey.
Participating mining companies also directly spent $139 million in the Cobar LGA in the last financial year.
The $139 million of direct mining spending in Cobar included over $70 million on wages and salaries, and $70 million for goods and services purchased from 136 local mining supplier businesses.
“These strong results highlight the ongoing importance of mining for Cobar and the surrounding region,” NSW Minerals Council CEO Stephen Galilee said today.
“Mining continues to provide economic stability to Cobar and surrounds, supporting hundreds of local families and businesses.”
ATTACHMENT – Graphs: Cobar LGA – direct spending, mining workforce and supplier businesses 2019/20-2024/25
ENDS
Brad Emery | NSW Minerals Council | bemery@nswmining.com.au | 0450620254