Report

Mining in NSW (October 2012)

11 Oct 2012
Description

This paper provides a statistical snapshot of indicators relevant to mining in New South Wales, including the quantity and value of mineral production, mineral consumption, mining export data, employment in mining, mineral income and royalties, major mining projects, mining lease entitlements, mining safety statistics and mining businesses.

Mineral production and export statistics are described based on the different types of mining products, including: energy minerals such as coal and petroleum; metallic minerals such as copper, lead and zinc; industrial minerals such as iron ore, mineral sands, clays and gemstones; and construction material such as gravel, granite, marble, sandstone, slate and shale. While the focus of this paper is on NSW, some comparison is made to other States and Territories, and to Australia.

Coal is the most important mining commodity in NSW, accounting for 49.5% of the contribution made by primary industry to the NSW economy in 2009–2010. Other valuable mining commodities include copper, gold, silver, lead and zinc. In comparison, agricultural commodities contribute a smaller amount to the NSW economy, while the contribution of forestry is considerably smaller compared with both agriculture and mining. Forestry contributed 1.4% to the NSW economy in 2009–2010 (based on logs supplied).

In August 2012 it was reported that the slump in commodity prices and a downturn in capital markets will likely impact Australia’s mining sector. The extent to which this will occur will only become apparent in time. The decline in the contribution of the mining sector to the NSW and Australian economy is in part a result of the global financial crisis.

Sources used

The most up-to-date data sources have been used in developing this paper. Much of the information refers to data collected by NSW Government Trade and Investment, the Australian Bureau of Statistics (ABS), the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), the Bureau of Resources and Energy Economics (BREE), and the NSW Minerals Council. The figures used are the original numbers, unless otherwise indicated. Sources other than ABS, ABARES, BREE and the NSW Minerals Council have been used where relevant and are identified in the paper itself.

Publication Details
Published year only: 
2012
119
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