Aug 06, 2018

QRC brings home resource sector resurgence

QRC brings home resource sector resurgence

The Queensland Resources Council is continuing to push the job-creating might of the mining sector with a jobs map highlighting project growth and operational renewals.

QRC Chief Executive Ian Macfarlane said the resources industry was delivering more than 3500 jobs across Queensland in 2018 after a sustained uplift in the global economy.

“Resources account for about 80 per cent of Queensland’s exports and over the last two years the sector has benefited from elevated prices and a strong tailwind from larger volumes,” Mr Macfarlane said.

“With confidence returning, new projects are emerging, old mines are being extended and mothballed mines are coming back online. We’re seeing strong investment in new gas fields and all this activity is leading to highly skilled and highly paid jobs.”

SEEK reported more than 1400 vacancies in mining, resources and energy in Queensland with more than half paying $100,000 or more, Mr Macfarlane said.

Examples of sector growth included Santos and its GLNG partners investing $400 million into the Arcadia gas project near Injune, and a further $900 million in gas developments in the Maranoa, Western Downs, Central Highlands and Banana regions.

Click HERE to view map.

Meanwhile Senex’s move to produce gas for the domestic market from the company’s Project Atlas in the Surat Basin would create 150 jobs, he said.

“In this year alone, we’ve had two new entrants to the State’s coal sector with South32 scooping up a 50 per cent stake in the greenfield Eagle Downs and Bengal Coal’s new coking coal mine near Dysart attaining State Government approval. Meanwhile, Japan’s Sojitz has acquired BHP Billiton Mitsubishi Alliance’s (BMA) Gregory Crinum mine leading to 300 jobs,” Mr Macfarlane said.

“Stanmore expects first coal in August from its new Isaac Plains East, Bounty Mining’s recommissioned Cook Colliery mine exported coal in June, Metro Mining’s Bauxite Hills project commenced in April with contracts to China, MMG is producing zinc at its Dugald River mine and Peabody secured over 230 jobs by extending its North Goonyella mine.

“Underpinning this growth is exploration with the Palaszczuk Government releasing more than 44,000 square kilometres of land following a 39 per cent increase in greenfield exploration.”

New project to extend North Goonyella coal mine life

 

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