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Thread: Roy Hill Mine

  1. #1
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    Roy Hill Mine

    I am sure that the Gina haters will go into melt down but I found this article very informative. 20 years since they pegged it and full production still 3.5 years away.

    Nearly went broke trying to get it going, sold part of it to keep the dream alive and now has a $US7.2Billion debt facility to get it to completion. Big numbers. Not sure many appreciate what it takes to get something like this up.

    http://www.theaustralian.com.au/news...-1227004837408

  2. #2
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    i agree huge outlay.
    And many needed jobs are and will be created.
    Cheers
    tony

  3. #3
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    Quote Originally Posted by tonyci View Post
    And many needed jobs are and will be created.
    for who?
    2007 Discovery 3 SE7 TDV6 2.7
    2012 SZ Territory TX 2.7 TDCi

    "Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- a warning from Adolf Hitler
    "If you don't have a sense of humour, you probably don't have any sense at all!" -- a wise observation by someone else
    'If everyone colludes in believing that war is the norm, nobody will recognize the imperative of peace." -- Anne Deveson
    “What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.” - Pericles
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  4. #4
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    Mate of mine from Newcastle started up there last week. First job he's had in 8 months.
    2024 RRS on the road
    2011 D4 3.0 in the drive way
    1999 D2 V8, in heaven
    1984 RRC, in hell

  5. #5
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    not sure why you ask for who. Australians in both Perth and the mine site are being employed. I do not work for the mine but have visited the mine and control room in Perth, plenty of Australians working. As with any mine there are non Australian workers as well.
    Tony

  6. #6
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    Quote Originally Posted by tonyci View Post
    not sure why you ask for who.
    thought it a valid question seeing there is a long history of wanting special zone taxation and high levels of imported labour...
    2007 Discovery 3 SE7 TDV6 2.7
    2012 SZ Territory TX 2.7 TDCi

    "Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- a warning from Adolf Hitler
    "If you don't have a sense of humour, you probably don't have any sense at all!" -- a wise observation by someone else
    'If everyone colludes in believing that war is the norm, nobody will recognize the imperative of peace." -- Anne Deveson
    “What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.” - Pericles
    "We can ignore reality, but we cannot ignore the consequences of ignoring reality.” – Ayn Rand
    "The happiness of your life depends upon the quality of your thoughts." Marcus Aurelius

  7. #7
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    Was it not Geena (sorry for the spelling) that said we all should work for two dollars a day. Probably taking some liberties with the actual comment, but it was something along those lines.
    And as a matter of interest, from whom did she get the 7.2 billion debt facillity? ie. where is the money going on repayment of said loan? for the good of Australia, I don't think so.
    I would have thought that by supplying the market with more ore, the price would ease off (as it has)
    Just another case of rape and pillage to line the pockets of a few.

  8. #8
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    Fair point Incisor. Not sure about the tax zones, but with regard to labour hire,a lot of that was noise to make or try and make a point with the unions. Not sure that was a wise way to go. There is no more international labour on the Roy Hill mine then most of the others in WA.
    There are certain skills just not available locally at the moment, not sure if thats because of lack of apprenticeships offered in years gone by or what.

  9. #9
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    Quote Originally Posted by tonyci View Post
    There is no more international labour on the Roy Hill mine then most of the others in WA.
    There are certain skills just not available locally at the moment, not sure if thats because of lack of apprenticeships offered in years gone by or what.
    your last paragraph touches on it

    back when i worked at the mines in the late 70's early 80's, a majority fifo workforce was only a mining magnates wet dream and they had to support the local communities and build infrastructure.

    there were fifo contractors, but they only did construction, shutdowns or major maintenance on wash plants or conveyors etc etc

    greed at all levels killed that over the next 20 years.
    2007 Discovery 3 SE7 TDV6 2.7
    2012 SZ Territory TX 2.7 TDCi

    "Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- a warning from Adolf Hitler
    "If you don't have a sense of humour, you probably don't have any sense at all!" -- a wise observation by someone else
    'If everyone colludes in believing that war is the norm, nobody will recognize the imperative of peace." -- Anne Deveson
    “What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.” - Pericles
    "We can ignore reality, but we cannot ignore the consequences of ignoring reality.” – Ayn Rand
    "The happiness of your life depends upon the quality of your thoughts." Marcus Aurelius

  10. #10
    DiscoMick Guest
    Premium content so couldn't read the story as I refuse to pay for online news, particularly from News Limited.
    If she can make it work, and produce worthwhile benefits for Australia, then good on her, I say.

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