The South Australian Chamber of Mines and Energy (SACOME) has announced that 46 per cent of its members have made up InDaily’s South Australian Business Index.
InDaily’s South Australian Business Index is a ranking of SA’s top 100 local companies by market capitalisation and revenue over the financial year.
Mining companies and SACOME members such as Andromeda Metals, Hillgrove Resources, Rex Minerals and Investigator Resources made the list, along with notable oil and gas companies such as Beach Energy and Copper Energy.
Hillgrove Resources is the operator of the Kanmantoo copper mine in SA, and it has moved up the Index by 40 places.
Energy company Santos has kept his first position for the ninth year in a row and won the Standout Large Employer Award.
“The resources sector makes up 46 per cent of the 2023 SA Business Index’s total value, showing that SA is not just a festival state, but a resources state,” SACOME chief executive officer Rebecca Knol said.
“SACOME member companies generate $1 in every $12 and support one in every 14 jobs in South Australia. Whether you’re a student considering your future career or an experienced tradesperson or professional, there are jobs waiting for you in resources.”
“The resources sector is leading the energy transition by investing in climate change solutions while producing the raw commodities needed for the electrification age.”
Non-SACOME resources companies such as Core Lithium, Renascor Resources and Terramin Australia also made it onto the 2023 Index.
Recent movement in SA’s mining sector includes Boss Energy winning an application to explore a new potential uranium province in the state.
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