The resources industry within South Australia has had a mixed year, with stronger oil and gas prices supporting one of our largest industries. Our industry can be a cyclical one, and hence it is very good to see advancing projects within the State at Carapateena, the restart of mining at Jacinth – Ambrosia, Equinor continuing with its important oil and gas exploration, and a significant new discovery at Oak Dam in the north of the State.
The Statutes Amendment (Mineral Resources) Bill has passed the Lower House of Parliament, and at time of writing has yet to be debated in the Upper House. It is important to the ongoing certainty of our sector that this Bill passes without amendment.
There are calls for a “Commission of Inquiry” into land access for exploration and mining, and resource industry regulation. Our sector favours a forward-looking modernisation of the Mining Act incorporating an evaluation of best practice and fit for purpose legislation and regulation for our State.
The State Government’s establishment of Infrastructure South Australia (ISA) forms a foundation for future infrastructure evaluation. SACOME contributed to the 20-Year Infrastructure Strategy Discussion Paper highlighting the critical role of infrastructure to support the resource sector and other regional industries.
The resources sector in South Australia makes a substantial contribution to South Australia’s prosperity and resilience, financially contributing up to 33% of the State’s exports. The resource industry utilises less than 0.05% of the State’s land area to contribute this one third of the State’s income.
Our sector continues to be at the forefront of cutting-edge technology and innovation and plays a key role in advancing the transformation of other industries. Automation, robotics and artificial intelligence will enable our sector to remain leaders in global technology.
The SACOME team are to be congratulated for the implementation and influence of some significant policy and industry steps during the year. These included the member Code of Conduct, the 2024 Vision, the return of the exploration incentive scheme and the Friends of the Resources Sector Parliamentary Forum.
SACOME is governed by an elected Council that comprises many leaders from within the South Australian mining and energy industry. Our 2020 Councillors are:
(Left - Right Back Row)
Cr. Matt Sherwell (Santos) – Petroleum, Cr. Gabrielle Iwanow (OZ Minerals) – Minerals, Cr. Varis Lidums (Minotaur Exploration) – Exploration, Cr. Sarah Clarke (Piper Alderman) – Service Industry, Cr. Nicholas Mumford (Mumford Commercial Consulting) – Service Industry, Cr. Laura Tyler (BHP) – Industry General,
(Left - Right Front Row)
Cr. Mark Dayman (FYFE) – Service Industry, Cr. Wendy Roxbee (Senex Energy) – Energy, Rebecca Knol (CEO, SACOME), Cr. Greg Hall (Rex Minerals) – Industry General,
Cr. Hamish Little (Iluka Resources) – Industry General