The Queensland Resources Council has released industry figures confirming mining, gas and energy companies added a record A$82.6 billion to the state economy in 2019-20.
IGF says the pandemic will have longer- term consequences on employment in the large-scale mining sector as a result of impacts on local suppliers and community economic activities, mining capex forecasts and current investments.
Temporary suspensions of mines caused by the covid-19 pandemic, along with the advancement of Indonesia’s export ban are expected to be the significant contributors to this decline.
Ranked: the world's 10 biggest copper mines by 2025 production — from Escondida's 1.3M tonne output to Oyu Tolgoi. Updated rankings with mine-by-mine data.