Published on Wednesday, 25 September 2019 at 9:00:00 AM
$3.4B in value of mineral production for the region
Growth of 8.9% in mineral production from 2017/18 – largest regional growth percentage
The Shire of Coolgardie’s value of mineral production once again places the area as the largest mineral producer in the region and the third largest local government producer in the State after the Pilbara.
The figures were revealed in the Department of Mines, Industry Regulation and Safety's latest statistics release for 2018-19.
Figures show the value of mineral production achieved in the Shire reached $3.4 billion in 2018/19; an 8.9% increase from 2017/18; the largest growth in the region.
“The growth in 2018/19 came largely on the back on the increase in gold price with the strength of continued investment by Goldfields St Ives, Northern Star, and Evolution.
This year has also seen the purchase of the Higginsville gold operations by Canadian miner RNC Minerals and renewed investment into nickel by Mincor and newcomer, Black Mountain”.
“I believe these record numbers can be partly attributed to the Shire of Coolgardie’s proactive approach in engaging with mining companies to support their operations and growth in the area. We are anticipating a continued growth in the value of mineral production of at least 4 to 5% in the next two years” said Malcolm Cullen, Shire President.
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