The Monitor Newspaper for 21st November 2012

Page 1

Monitor The

your local mortgage broker Kristin Nicolson kristin.nicolson@mortgagechoice.com.au MortgageChoice.com.au/kristin.nicolson

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Your Community Newspaper ~ Roxby Downs

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Volume 9, Wednesday, November 21, 2012

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CHRISTMAS COUNTDOWN

ONLY

33 Days to go!

As Roxby Downs looks to celebrate 25 years in 2013, aerial photographs highlight just how much the town has developed. See the full story on Page 4. Photo provided by by Ian Oswald-Jacobs; www.ioj.com.au.

Expansion hope but jobs still lost By Vanessa Switala ob cuts are still apparent around town despite the State Government announcment to grant BHP Billiton a four year extension last week.

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The current pessimistic climate locally was buoyed by the recent announcement that BHP Billiton would continue with the plan, with a more sustainable view to expansion. The Monitor was unable to substantiate the full extent of job cuts in the local mining sector, but has been flooded with rumours of staff

reductions among key local contractors. Although there have been unconfirmed reports of job cuts with underground contractors, a BHP Billiton Spokesperson told The Monitor last week, “There have been no decisions regarding the underground operation.” At the end of last month, BHP Billiton confirmed the mining giant would cut 30 administrative staff in South Australia to reduce costs. The company said positions at Olympic Dam and its Adelaide office would be lost. These positions were separate from the 140

jobs lost in the Olympic Dam Expansion project team, when BHP Billiton decided to defer the expansion earlier in the year. BHP Billiton welcomed the extension of the agreement and committed to spending $650 million over the next four years at Olympic Dam and other related initiatives around the State. A BHP Billiton Spokesperson said, “The extension period is necessary to complete studies of new mining and processing technologies and then assess the economic viability of applying these technologies to an open pit expansion.”

“The company determined that 46 months would provide enough time to complete its studies. It also aligns the indenture with the expiration of the Environmental Impact Statement approvals of October 2016,” they stated. “Site works at the starter pit will continue to satisfy requirements under the environmental approvals already received from the State and Federal Governments and provide a testing site for larger scale aspects of these technology studies.” Continued Page 2...

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PARTY PERSON OF THE WEEK! Alex Cameron performed at the Roxby Community Club recently. Look for your photo in ‘Party person of the week’ to win one free $25 voucher at the Community Club. Voucher must be redeemed same week as party person publication.

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