$1.6b generated for the Goldfields-Esperance region from the resources sector

A new survey has found the State’s resources sector contributed $1.63 billion directly to the Goldfields-Esperance economy in 2020-21, and provided more than 3300 fulltime local jobs.   The results of the WA Chamber of Minerals and Energy survey released on Sunday revealed the combined direct economic contributions of the 56 member companies involved was more than $61b in WA and more than $39b outside the State.

The report showed these benefited member companies employed 3379 people in the Goldfields-Esperance region, and paid them more than $444 million in wages.

CME policy and advocacy director Rob Carruthers said the funds generated by the mining sector not only benefited the wallets of local workers directly, but also supported other businesses in the region.

“Those member companies spent an additional $1.18b supporting 895 businesses, 131 community organisations in the region, and all 10 local governments in the Goldfields-Esperance region,” he said.

“Supply chain spending by those companies is estimated to create an additional 10,876 jobs in the Goldfields and generated more than $1.59b in indirect gross value add for local economies.

Mr Carruthers said the “total” figure was likely to be higher than $1.63b, with the survey only capturing a “snapshot” of their members’ direct impact.

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