FourFourFourTwo.com 1 Two News Australia 1 The Australian Securities and Investments Commission (ASIC) has released a new mining industry award.
Read more here: The Australian Mining Industry Awards 2017-2018: The best mining awardIn a bid to celebrate the mining industry’s achievements in the 2017-18 financial year, the Australian Securities & Investments Commission has awarded the Mining Industry Council of Australia (MICCA) the National Mining Industry Award for best industry.
The MICCA was founded by the country’s richest man, Peter Bratt, in 1997.
Its members include industry leaders including Glencore, Rio Tinto, Vale, Rio Zinc, Anglo American and Rio Tuna.
Micca members are also involved in the mining sector and are paid more than $20 million annually.
MicCA President David Withers said the award would be a “big boost to the sector”.
“I’m delighted to announce the MICCA’s nomination for the 2017 National Mining Award,” he said.
“Micca is recognised as Australia’s leading mining industry group and our members play an integral role in the Australian economy.”
Their contribution to the Australian mining industry has been outstanding and their commitment to our communities is unparalleled.
“The MICACA is proud to recognise their contributions to the community through its fundraising and corporate initiatives.”
Micca’s award will be presented to the top four winners of the 2017 Commonwealth Fund National Mining Awards (CNFMA) which will be announced in October.
The CNFMA, which is an industry-backed competition, aims to identify the best and brightest companies and individuals who are providing an economic benefit to Australian communities.
It recognises mining companies that have delivered tangible benefits to communities, with up to $250 million being awarded to mining businesses annually.
The annual CNFMAT awards recognise the best in the industry through awards such as the Micca Minerals Award, Micca Mining Medal, MicCA Member of the Year Award and Micca of the Month Award.
“It’s great to be honoured with a recognition for the work we do in mining communities, and the opportunities it provides for our communities,” Micca chairman David Wethers said.
“It will be great to help our industry grow and deliver even more value to our local communities.”
Miccha of the month has been awarded four times since its inception in 2005.
Miccha Minerals award is for mining projects that have received the highest amount of money, including $5 million, from the Commonwealth Fund.
MiccA member of the year award is given to a company whose performance on the mining environment has been of outstanding value to the industry, and who has made a significant contribution to its community.
Micca member of year is awarded for a project that has been recognised by the Industry, Land, Water and Environment Minister, the State Government, the Minerals Council and the Commonwealth.
MiccanA member in the top three awards is for a company that has made significant contributions to its local communities, such as $1 million, $3 million, and $3.5 million.
Micca member in top three is awarded to a mining company whose contribution to local communities has been high, with $1.5m, $2.5, and even $5.5million being awarded in the past 10 years.
Micchas highest-ever award of $2 million was awarded to Lighthouse Resources, which had a $1 billion impact on the local community and community development projects.
“I think the MICCHA award is a great tribute to our members and their hard work and commitment to their communities,” MICCA chairman David Wilson said.
“I am proud to announce that Micca has been nominated as a recipient of the Miccha Mineral Award, and we will be announcing our selection later this year.”
We look forward to celebrating our achievements with you, our community, in 2018.
“Miccas first mining project was in the early 1990s when it was co-founded by Wetherings brother-in-law Peter Bratter.
The Bratts and the company built a $10 million copper mine on the property.
Miccas last mine was in 2010 when the mine was closed after heavy flooding and mudslides.