Transcript Gender Diversity in the Western Australian Resources Sector

What’s Down the Track?
Nicole Roocke
The Chamber of Minerals and Energy of Western Australia (CME)
23 October 2014
1
About CME
• Peak resources sector
representative body in WA
• In operation for 113 years
• Over 200 member
companies representing
over 95% of resources
production by value in WA
• Represents both large and
small companies across the
mining and oil and gas
sectors
2
Western Australian resources
sector
In 2013-14, the sector accounted
for:
• $121.6 billion in sales value –
a 20% increase on 2013 levels
• 91% of state and 48% of
national merchandise export
incomes
• 22% of state government
income
As at August 2014, 95,800
people directly employed in
mining and petroleum
3
Goldfields-Esperance resources
sector
In 2013-14, the Goldfields-Esperance region:
• Produced commodities totalling $9.1 billion
• Accounted for 7.5% of total minerals and
petroleum sales value
• 3rd largest region contributor
• Provided 84% of the state’s nickel and 65% of
the state’s gold value
• Employed 22% of the population in mining
related roles
4
Key WA export destinations
Gold
Nickel
5
Resources Sector Outlook
Supply and demand
forecasts:
– people
– energy
– water
– roads
– rail
– ports
– aviation
6
Resources Sector Outlook
Preliminary findings indicate:
– Workforce will decline, with FIFO remaining
at around 60%
– Energy and water requirements will continue
to increase
– Perth airport passenger volumes likely to
decline to 2016 before increasing out to 2020
7
Challenges
• Weakening commodity prices
• International investment and
competitiveness
• Changing workforce dynamics
• Cost of doing business (taxation, royalties,
approvals, removing red-tape)
• Maintaining a social license to operate
8
Decreasing exploration
2,500
2,000
$million
1,500
1,000
Source: ABS
Petroleum
Copper
Nickel, Cobalt
Gold
Iron Ore
Uranium
Other
Australian Total
Exploration expenditures by commodity, Western Australia, Unadjusted
Mar-2014
Dec-2013
Sep-2013
Jun-2013
Mar-2013
Dec-2012
Sep-2012
Jun-2012
Mar-2012
Dec-2011
Sep-2011
-
Jun-2011
500
9
Cost of doing business
• Ever-increasing government
taxes, levies and charges
• “Red tape”
• Project approval delays
• Unnecessary and outdated
regulation
10
Royalties
11
Positive community perceptions
of the resources sector
“Provide funds for local areas with regards to
sporting facilities, entertainment venues so this
can only be a good thing.”
“Provides an income to many people, my house
included. We have been able to build a home we
otherwise never could have afforded.”
“It is a dynamic industry that provides a lot of
employment for this state and is the
backbone of our economy.”
“The mining industry in West Australia whether
iron ore, gold, oil and gas has been a wonderful
uplift for the economy.”
12
Negative community perceptions
of the resources sector
“The rich gets
richer”
“Only interested in
making a profit”
“Put pressure on
everyone’s living
cost”
“Mining in areas of importance to indigenous
communities and natural biodiversity”
“Wreck the landscape, environmental issues…”
“Western Australians should be employed in these
industries ahead of interstate and international
workers”
13
WA vs the World
Alumina
Diamonds
Garnet
Gold
Ilmenite
Iron ore
LNG
Nickel
Rutile
Salt
Zircon
0%
10%
20%
30%
Western Australia
40%
50%
Rest of Australia
60%
70%
80%
90%
100%
Rest of World
Source: DMP, BREE, EnergyQuest and USGS
14
Nominations now open
Visit www.cmewa.com for more information
15
Thank you
The Chamber of Minerals and Energy of Western Australia
Level 10, 2 Mill Street
Perth WA 6000
T 08 9021 2155
E [email protected]
W www.cmewa.com.au