Over the years, the Goldfields Mining Expo has come to set a standard by which other mining exhibitions throughout Australia are judged and that impressive trend is set to continue in 1995.
While other mining expos have come and gone, the Goldfields Mining Expo has endured and progressed steadily, which is a particularly laudable achievement considering the recent uncertain economic times for some sectors of the mineral industry.
One of the expo's great strengths is that it covers the full spectrum of the State's mining industry and this encourages both national and international interest.
More than 10,000 people throughout Australia are expected to attend this year's expo and many of them will represent a broad cross-section of the mining industry.
On show will be more than $100 million-worth of the latest mining equipment, goods and technology, but most importantly those attending will be able to experience first-hand an industry and region that is on the move.
Western Australia's mining and petroleum industry is the shining light in the nation's economic recovery. The total value of mineral and petroleum production for the year in this State was $13.7 billion, an increase of more than $1 billion from the previous year.
The value of mineral output from the Goldfields alone in 1994 was almost $2.4 billion, of which gold production was responsible for $1.8 billion and nickel production contributed more than $500 million.
WA is one of the world's great resource provinces, with about 45 different minerals in commercial production with gold, nickel, iron ore, alumina, diamonds and mineral sands ranking in the top 10 internationally.
It is also the State where a growing proportion of mining industry service expertise is developing, or choosing to base itself and the expo is an important indicator to what is happening and available in the market place.
Most mining companies in WA are in step with the worldwide march toward contracting out `non-core’ activities so they can concentrate on the more strategic aspects of their business, such as planning and analysis. This philosophy relates to the growing sophistication of mining techniques, which require increasing specialised skills.
New products are continually being developed in this State for the mining sector and existing equipment is being re-engineered and refined with investment in new technology and manufacturing facilities to meet customer needs.
It all comes into focus with an event such as the Goldfields Expo, which provides an important avenue for the services industry to exhibit its wares and those in the industry to learn, access and discuss those products.
With more than 300 exhibitors and over 400 companies being represented, the expo is one of the largest industry gatherings of its type in Australia.
The expo's popularity can be gauged by the fact that it was fully booked out by exhibitors within six weeks of the prospectus being released in May this year.
I understand hotel accommodation in Kalgoorlie-Boulder during the expo is harder to find than a gold nugget.
Now in its twelfth consecutive year, this expo has firmly established itself as one of the `must attend’ events on the mining industry calendar and this is a credit to the hard work and vision of its organiser, the Kalgoorlie-Boulder Chamber of Commerce and Industry.
This year's expo will generate further opportunities for investment and efficiency throughout the mining industry in this State and particularly the Goldfields.
So it gives me great pleasure to welcome you and I trust that your participation will be rewarding and enjoyable.
Media contact: Mark Thompson (09) 221 9211