The Kimberley region can be defined by the four local government areas; The Shires of Broome, Derby-West Kimberley, Halls Creek and Wyndham-East Kimberley. Population growth is expected to continue from 35,000 people living in the region in 2009 to 70,000 by 2031.[i]
The resources sector is the most significant contributor to the region’s economy. In 2010/2011, the value of the resource sector in the Kimberley region was $1.02 billion. Tourism, retail, agriculture and aquaculture are other important contributors to the Gross Regional Product, which has grown by over 60 percent in the past six years.[ii]
The Kimberley region is prospective for bauxite, coal, copper, gold, iron ore, lead, natural gas, nickel, oil, rare earths and zinc.
The region also accounts for all of Western Australia’s diamond production and produces around 90 percent of the world’s pink diamonds. Kimberley operations in 2010/2011 contributed approximately $4.8 million in state royalties and provided full-time jobs for almost 1,700 people. This figure is expected to grow rapidly over the coming years with unprecedented resource sector investment.
2010/2011 Key facts:
• $3.1 billion Gross Regional Product.
• $1.01 billion in regional production value. (This accounts for one percent of the state’s resource sector)
• Labour force of 18,019 people.
• $4.8 million paid in royalties.
[i] Kimberley Development Commission (2008)
[ii] Kimberley Development Commission (2012)
[iii] Department of Mines and Petroleum (2010/2011)
Kimberley Regional Council
CME member companies participating in the Kimberley Regional Council (KRC) include:
- Argyle Diamond Mines
- Cliffs Asia Pacific Iron Ore
- Kimberley Diamond Company
- KBL Mining
- Kimberley Rare Earths
- Northern Minerals
- Paladin Energy
- Panoramic Resources
- Pluton Resources
- Rey Resources
- Rio Tinto
- Woodside Energy
- Jebsens Coastal Shipping Services
- Skill Hire
- Virgin Australia
- Bauxite Resource Joint Venture Pty Ltd
- Northern Star Resources
- Toro Energy Limited
Click here to view a number of case studies which highlight the continuing investment made by individual companies across the region.