Top five mining stories last week

Pluto LNG Plant. Image: Woodside Energy

Stay on top of the most read articles on the Australian Mining website over the past week, including Woodside’s plan to create thousands of jobs to develop the Burrup Hub.

Woodside to provide major employment boost at Burrup Hub

Woodside Energy will require a workforce of more than 4600 workers when its Burrup Hub construction reaches its peak in 2023.

The Burrup Hub development will also create long-term employment through more than 4000 jobs a year, with an average of 1100 to 2000 jobs during operations, over a 40-year timeframe. Read more…

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Iron ore price rise builds excitement for Australian exports

The Australian Government’s outlook for commodities export earnings has attracted excited analysis as iron ore prices continue to ascend.

The iron ore price jumped as high as $US123.65 ($177.60) a tonne this morning, at a time when Australia has cemented its status as the world’s largest supplier of the commodity during a time of global supply issues. Read more…

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Coalition tax relief to benefit highly-paid miners

The Australian Government’s plan to reduce margins on income tax for workers in high-paying industries such as mining has received a positive response from the industry.

The Coalition, which yesterday revealed its three-stage, $158 billion tax package publicly, is set to bring notable tax relief to miners across the country. Read more…

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First gold poured at Gruyere

Gruyere joint venture partners Gold Fields and Gold Road Resources have delivered first gold at the Western Australian project.

The three dore gold bars totalled an estimated 1139 ounces and were produced from the carbon-in-leach and elution circuits, while commissioning of the less complex gravity circuit remains in progress. Read more…

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Australian gold price bolstered by RBA interest rate cuts

The Australian gold price has kicked higher in response to the Reserve Bank of Australia’s (RBA) decision to cut interest rates to a record low of one per cent.

After dropping back below the $2000 an ounce mark on July 2, the price jumped overnight to $2043 an ounce, according to ABC Bullion. Read more…

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