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Mining companies like Fortescue Metals Group estimate that it would cost the company an additional $100,000 per person per year to employ them in residential positions rather than as FIFO workers. In Port Hedland alone the company could save $33 million a year if it was to convert its 330-strong work force from residential to FIFO, the company ...
Increases in worldwide demand for resources have resulted in Australia's annual mining production has more than doubling in the 20 years up to 2008. [2] There are approximately 365 operating mines in Australia, and as for the employment of up to 269,000 people, the mining and resource industry contributes 121.5 billion dollars to the economy.
In 2016, Newmont Mining undertook a $120 million upgrade of the mine, constructing a new decline and processing facilities, taking the mine's life to 2027. [9] [10] On 25 June 2021, during the COVID-19 pandemic in Australia, a worker tested positive for COVID-19 sending the mine into lockdown. About 750 FIFO (fly-in/fly-out) workers onsite were ...
Australia is a participant in international anti-proliferation efforts designed to ensure that no exported uranium is used in nuclear weapons. [66] During the period of 2010 and 2013, Australia saw a debate about the Minerals Resource Rent Tax (MRRT). The tax, levied on 30% of the "super profits" from the mining of iron ore and coal in Australia.
The Mining and Energy Union (MEU) is Australia's main trade union in the coal industry, which includes mines, power stations and ports. It also covers workers in the metalliferous mining and exploration industries, as well as specific classes of workers working in the oil, gas, nuclear, chemical production and power generation industries. [ 1 ]
In 2019-20 Australia exported 390 Mt of coal (177 Mt metallurgical coal and 213 Mt thermal coal) and was the world's largest exporter of metallurgical coal and second largest exporter of thermal coal. [3] While only employing 50,000 mining jobs nationally coal provides a rich revenue stream for governments. [4]
Mining Area C (MAC Mine) BHP [1] Producing 2001 55 Balmoral South: Australasian Resources: Deposit - 0 Brockman 4 mine: Rio Tinto Producing 2010 22 Brockman 2 mine: Brockman mine: Rio Tinto Producing 1992 8.7 Channar mine: Rio Tinto Producing 20 Christmas Creek mine: Fortescue Metals Group Producing 50 Cloud Break mine: Fortescue Metals Group ...
The Cloudbreak mine is an iron ore mine located in the Pilbara region of Western Australia, 89 kilometres west-south-west of Nullagine, in the Chichester Range. [1]The mine is fully owned and operated by the Fortescue Metals Group (FMG) and is one of four iron ore mines the company operates in the Pilbara, the others being Christmas Creek mine (located 50 kilometres east of Cloudbreak [2]) and ...