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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 633 local jobs and directly spent $148 million in Cobar.
This is an increase in spending levels in the Cobar Local Government Area (LGA) of $15 million compared to the previous year.
It is also the highest level of spending recorded for Cobar since 2018-19 when relevant survey results for Cobar were first recorded.
The $148 million of direct mining spending in Cobar last financial year included over $76 million on wages and salaries, and $72 million for goods and services purchased from over 93 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.”