The minerals' industry is a dominant economic force on the West Coast. Increasing international demand for coal, high global commodity prices, record spending on exploration and technological advances are all boosting its growth. The sector is predicted to expand on the Coast by 50 to100 percent by 2010, and employ an extra 280 to 380 people in engineering, science, environmental management, machine operations and trades. Mining also provides downstream opportunities for a range of contractors including transport operators, equipment fabricators and other suppliers relying on the extractive industry.
Key businesses in the extractive industry on the West Coast
|
Company |
| OceanaGold Ltd's Globe Progress (gold mining) |
| Holcim (NZ) Ltd (cement manufacturing) |
| Solid Energy New Zealand Ltd (coal mining - State Owned Enterprise) |
| Pike River Coal Ltd (coal mining) |
| Roa mining Ltd (coal mining) |
| Minerals West Coast (regional body representing the extractive industry) |
| Crown Minerals (Government department managing New Zealand's oil, gas, mineral and coal resources) |