SACOME

SACOME is pleased to be a collaboration partner of Copper to the World 2024 Conference & Exhibition, with the theme Innovating for a Sustainable Future. Register now at: coppertotheworld.austmine.com.au #C2TW #Austmine

@Flinders is offering a new Bach. of Surveying course from 2024, following strong advocacy from Surveyors Board, SACOME and industry 👏 Surveyors play an important role in the resources sector. Further info lnkd.in/gdpbSTz3 - applications now open via SATAC.

⛏ Latest data from @ABSStats shows private mineral exploration in #SouthAustralia is at an 11-year high, with $64.2 million spent on exploration in the March 2023 quarter. Exploration is mainly focused on Copper, Base Metals, Iron Ore, Uranium & Gold: lnkd.in/gfKicQsu

I’ve just learned from SACOME @Mining_EnergySA that the former CE of the Department of Mines Mr Keith Johns OAM has died. A pioneer that helped build this states resources sector & delivered untold wealth to our states treasury. God Rest him.

Resources sector contribution to SA nears $11 billion: adelaidenow.com.au/business/the-r… via @thetiser

Our 2021-22 Economic Contribution Report found Direct spending amounted to $5.3 billion and $431 million provided to State Government in royalties and taxes (from just 15 resource companies). sacome.org.au/economiccontri…

Our 2021/22 Economic Contribution Report also reveals 7,825 FTE's directly employed and 42,832 FTE's supported across the State (1 in every 14 jobs in SA) Also $1 billion paid in wages / salaries: sacome.org.au/economiccontri… See @Ch7Adelaide story here: tinyurl.com/bd8zmc37

Fascinating presentation from @simongerman600 to the SA Chamber of Mines & Energy regarding SA’s demography & the resources sector. Also his take on the concerning ever shrinking middle class.

Our latest economic contribution report is out - 15 SACOME member companies contribute $10.7 billion to State economy, 8.3% of SA's GSP and $1 in every $12: sacome.org.au/economiccontri…

In more good news, @SIMECMining has been given approval for an expansion, enabling the continuation of its current Middleback Ranges iron ore mining operation near #Whyalla. See @theTiser article below and MR from @TKoutsantonisMP here: tinyurl.com/s6edpmrd

SACOME member company @MagnetiteMines has announced it has increased the ore reserves at its Razorback Iron Ore Project to 1.6 billion tonnes of ore, up from the maiden ore reserve of 473 million tonnes released in 2021. Read more in @theTiser article below:

SACOME has been closely monitoring and responding to the Federal Government’s proposed Safeguard Mechanism Reforms. Read our latest submission here: tinyurl.com/3prx58br. Thanks to @theTiser for today's coverage.

NUCLEAR 101: Microreactors are factory-built, plug-and-play reactors. They can be used to power military bases, disaster recovery efforts or remote locations where traditional infrastructure doesn’t exist. Learn more: bit.ly/2BwsYQR

2/2 SACOME CEO Rebecca Knol: “Introducing a cap on gas prices is the complete opposite of what we need right now...The most effective way to reduce gas prices is to increase gas supply.” @TKoutsantonisMP @MadeleineMHKing @Bowenchris

1/2 A cap on gas is not the answer. Ahead of today’s National Cabinet meeting, SACOME calls on the Federal Government to think long-term and not implement knee-jerk interventions. SACOME's media release here: tinyurl.com/svzdwvej @TKoutsantonisMP @Bowenchris @MadeleineMHKing

⛏ Mineral exploration expenditure in South Australia is up 9.7% since the June quarter to $38.4 million, seasonally adjusted - the highest quarterly expenditure for mineral exploration in SA since June 2013 and is 52% higher than a year earlier: tinyurl.com/bdfvf7z7

As another productive year of industry advocacy, collaboration and events draws to close, SACOME is pleased to share our 2022 Annual Report: tinyurl.com/yuvhpp2k

@bhp has today released its 2022FY Economic Contribution Report. In #SouthAustralia, BHP spent $1B with suppliers, contributed $83M in royalties and its workforce increased from 7,700 in FY21 to 10,300 in FY22 #jobs #economy #resources tinyurl.com/37c85fay

SA's mineral exploration expenditure hits 8-year high of $122.3m in 21/22, testament to the resilience of #SouthAustralia's resources sector which continues to underpins economy: indaily.co/374712 via @indaily @ABSStats

MCA CEO Tania Constable spoke to @9NewsAUS to discuss the massive increase in mining needed to meet our 2030 emissions target.