8155.0 - Australian Industry, 2015-16 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 26/05/2017   
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MINING INDUSTRY 2015-16

The Mining industry contracted across most key indicators in 2015-16. Earnings before interest, tax, depreciation and amortisation (EBITDA) decreased 17.5% ($12.9b) to $60.8b in 2015-16, with the largest decreases in Metal ore mining (17.3% or $7.3b) and Oil and gas extraction (27.8% or $6.6b) related to falling commodity prices. These price reductions caused the Mining division Export Price Index to fall by 17.3% between 2014-15 and 2015-16. Employment and wages and salaries also continued to decline over this period.


Graph Image for Mining industry, 2006-07 to 2015-16

Footnote(s): (a) Includes rent, leasing and hiring income. (b) Includes capitalised wages and salaries, salary sacrificed amounts and other remuneration; excludes the drawings of working proprietors. (c) Includes working proprietors and partners of unincorporated businesses.

Source(s): Australian Industry (cat. no. 8155.0)



2015-16 KEY MINING INDUSTRY FIGURES


Employment at end June
Sales and service income
EBITDA(a)
2014-15
2015-16
2014-15
to
2015-16
2014-15
2015-16
2014-15
to
2015-16
2014-15
2015-16
2014-15
to
2015-16
no.
no.
%
$m
$m
%
$m
$m
%

06 Coal mining
40 548
37 176
-8.3
45 869
44 117
-3.8
6 015
6 399
6.4
07 Oil and gas extraction
22 760
19 147
-15.9
41 369
34 616
-16.3
23 594
17 043
-27.8
08 Metal ore mining
0801 Iron ore mining
31 584
30 807
-2.5
70 413
54 937
-22.0
33 856
25 237
-25.5
0803 Copper ore mining
5 913
5 297
-10.4
np
5 645
np
1 089
1 831
68.1
0804 Gold ore mining
14 218
15 226
7.1
13 306
14 975
12.5
4 299
5 016
16.7
0805 Mineral sand mining
3 694
3 385
-8.4
np
2 613
np
510
607
19.0
0807 Silver-lead-zinc mining
4 541
3 913
-13.8
np
4 937
np
1 175
1 423
21.1
0802, 0806, 0809 Bauxite, nickel and other metal ore mining
7 368
6 351
-13.8
8 258
7 294
-11.7
1 485
985
-33.7
Total 08 Metal ore mining
67 318
64 978
-3.5
104 129
90 402
-13.2
42 415
35 098
-17.3
09 Non-metallic mineral mining and quarrying
12 176
12 129
-0.4
6 094
6 089
-0.1
^992
^1 110
11.9
10 Exploration and other mining support services
34 868
30 054
-13.8
15 865
13 719
-13.5
**664
*1 109
67.0
Total mining
177 670
163 484
-8.0
213 326
188 943
-11.4
73 679
60 760
-17.5

^ estimate has a relative standard error of 10% to less than 25% and should be used with caution
* estimate has a relative standard error of 25% to 50% and should be used with caution
** estimate has a relative standard error greater than 50% and is considered too unreliable for general use
np not available for publication but included in totals where applicable
(a) Earnings before interest tax depreciation and amortisation.
Source: Australian Industry 2015-16 (cat. no. 8155.0)

Employment in the Mining industry fell by 8.0% (14,186 people) with this contraction spread across almost all components of the industry. Exploration and other mining support services fell the furthest, reducing by 13.8% (4,814 people), while Oil and gas extraction fell 15.9% (3,613 people) and Coal mining decreased by 8.3% (3,372 people).

Sales and service income and EBITDA in the Mining industry declined in 2015-16 by 11.4% ($24.4b) and 17.5% ($12.9b) respectively. In both cases the majority of the decrease came from the Metal ore mining and Oil and gas extraction subdivisions. Lower sales figures for Metal ore mining were mainly the result of a large fall in iron ore prices, illustrated by a 17.2% fall in the Metal ore mining subdivision Export Price Index between 2014-15 and 2015-16. Similarly falling oil prices had a negative impact on the sales and service income reported for Oil and gas extraction. The Export Price Index for Petroleum, petroleum products and related materials fell by 33.5% between 2014-15 and 2015-16.

The estimates in this publication are not adjusted for situations where businesses report to the ABS on an off-June reporting year and can be impacted by price fluctuations. This particularly impacts on estimates for the Mining industry where reporting largely reflects the calendar year 2015. For estimates adjusted to a June financial year basis, see the 'Off-June adjusted estimates by subdivision' data cube, and for more information about the impact of off-June reporting on estimates, see the Technical note on Off-June Year adjusted estimates in this issue.