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$17 billion economic fraud reveals Australia Institute’s true agenda
“ The Australia Institute has been caught out publishing blatant misinformation, with a $17 billion black hole revealed in their recent attempt to attack the mining industry. A new independent analysis of the Australia Institute’s ‘Mining in the Age of Entitlement’ report, in which it was claimed the mining industry receives $17.6 billion in government subsidies, […]
Industry15 September 2014
Anti-mining report had a pickaxe to grind
Originally published in The Daily Telegraph. NSW Minerals Council CEO, Stephen Galilee The Australia Institute has been caught out using a massive economic deception to attack the mining industry and the jobs of mining workers across NSW. The Australia Institute must now be held to account for the jobs they have put at risk […]
Uncategorized15 September 2014
Aboriginal enterprises the focus of regional trade fair
A regional trade fair organised by the NSW Minerals Council has been a great success with over 38 Aboriginal businesses, organisations and key stakeholders coming together in Dubbo this August. Attendees heard about the opportunities for Aboriginal businesses with their respective companies and the work they are currently doing with Aboriginal businesses from Mike […]
Uncategorized10 September 2014
Clock ticking’ for 1300 miners, as jobs hang in balance
Rio Tinto is warning that ‘time is ticking’ on its plans to continue mining at its Mount Thorley Warkworth mine in the Hunter Valley. It is another warning to the NSW Government about the seriousness of the situation in the Hunter Valley where thousands of jobs in mining and the supply chain have been lost […]
Economy10 September 2014
Some mines running at a loss, but future strong for Australian coal
Demand for Australia’s high-quality coal will remain strong for decades into the future as global energy needs continue to rise toward 2050, according to Glencore Coal’s Mick Buffier. Addressing the Sydney Mining Club, Mr Buffier acknowledged that Australian mining, in particular the coal sector, is facing significant economic challenges and he estimated that around one […]
Economy9 September 2014
Minister thanks miners for hard work, but stops short of endorsing new projects
NSW Minister for Resources and Energy, Anthony Roberts, has thanked the Hunter ’s business community for employing thousands of people in mining across the region and acknowledged the economic challenges facing the mining industry . But the Minister stopped short of endorsing two key projects, Coal & Allied’s Mount Thorley Warkworth extension and Anglo American’s […]
Economy8 September 2014
The end of the Mining Tax will be a welcome relief for NSW
“ The NSW Minerals Council welcomes today’s agreement to repeal the Minerals Resource Rent Tax or ‘mining tax’. The repeal of the tax will be good news for the NSW economy and for thousands of mine workers across the state, as well as those working in the more than 10,500 businesses across NSW that supply […]
Industry2 September 2014
Ashton ruling means much needed jobs for the Hunter
“ The Land and Environment Court ruling that the Ashton South East Open Cut Project is capable of approval subject to the resolution of conditions will help secure vital jobs for the Hunter region. “The project will create up to 160 new jobs, as well as new work for the many contractors required to help […]
Industry28 August 2014
Mike Baird’s last chance to save NSW business
Originally published in The Daily Telegraph. NSW Minerals Council CEO, Stephen Galilee Before the last federal election, Ford announced it was closing its Australian car manufacturing operation, axing the jobs of about 1200 workers. The Gillard government went into damage control — a $51 million assistance package for affected communities, followed by an injection of […]
Industry27 August 2014
Illawarra Coal mines a key asset in proposed BHP Billiton demerger
BHP Billiton is proposing major changes to its structure that signals a change in ownership of some of its NSW mines and the establishment of a new multi-billion dollar mid-tier resources company. The company’s Illawarra Coal business, headquartered south of Sydney in Wollongong, will be moved into a new company, dubbed ‘NewCo’, along with […]
Industry20 August 2014
Aurizon results improved by Hunter coal volumes
Coal shipments from the Hunter Valley have been named a major contributor to record breaking tonnage results released today by freight haulage company Aurizon. Underlying earnings before interest and taxation (EBIT) of $851 million are up 13 per cent year on year, mainly due to stronger coal and iron ore haulage volumes. Aurizon […]
Industry19 August 2014