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Economy 26 February 2024

Survey confirms increased mining jobs and spending in Cobar 

Economy 26 February 2024

Survey confirms increased mining jobs and spending in Cobar 

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 638 local jobs and directly spent $133 million in Cobar.  

This is an increase in Cobar job numbers and spending levels on the previous year.

It is also the second highest result for jobs and spending recorded for Cobar since 2018-19 when relevant survey results for Cobar were first recorded.

The $133 million of direct mining spending in Cobar last financial year included over $65 million on wages and salaries, and $68 million for goods and services purchased from over 142 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.”

ENDS  Brad Emery | NSW Minerals Council | bemery@nswmining.com.au | 0450620254

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