SACOME Annual Report 2007-08
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United Industry<br />
Bringing industry members<br />
together to develop<br />
business opportunities<br />
<strong>SACOME</strong> Events<br />
Designed to keep members informed<br />
of the resources industry’s current<br />
projects, <strong>SACOME</strong>’s corporate function<br />
program promotes the industry to the<br />
wider community and provides an ideal<br />
opportunity for members to network<br />
and meet socially.<br />
Membership<br />
During <strong>2007</strong>-<strong>08</strong>, 101 new members joined the South Australian Chamber of Mines<br />
and Energy – the greatest influx of any year. This rapid growth of the membership base<br />
has enabled <strong>SACOME</strong> to expand, increasing its staff and broadening its activities. The<br />
capacity of <strong>SACOME</strong> to represent the interests of the resources sector has never been<br />
greater. With the continuing growth of the resources industry in South Australia and<br />
more exploration companies going into production within the next few years, there is a<br />
level of excitement not seen since the Chamber’s inception in 1979.<br />
During the <strong>2007</strong>-20<strong>08</strong> year,<br />
<strong>SACOME</strong> hosted eleven luncheon<br />
and breakfast functions, which<br />
attracted an average 175 interested<br />
guests. The function program offered a<br />
collection of interesting and informative<br />
presentations on relevant and topical<br />
subjects. A highlight of the program,<br />
the Resource Sector Infrastructure<br />
Lunch held in March, had a record<br />
attendance of 255 guests.<br />
At the conclusion of the Paydirt<br />
SA Resources and Energy Investment<br />
Conference, <strong>SACOME</strong> hosted its annual<br />
gala dinner - the premier event on<br />
the Chamber’s function calendar.<br />
More than 400 guests, including<br />
<strong>SACOME</strong> members and conference<br />
delegates, were addressed by the<br />
new Governor of South Australia,<br />
His Excellency, Rear Admiral Kevin<br />
Scarce AC CSC RANR.<br />
Participating members enjoyed<br />
the perfect weather, food and<br />
activities at the annual St Barbara’s<br />
Day celebration in December <strong>2007</strong>.<br />
With dragon boat racing featuring<br />
again this year, members enjoyed a<br />
little friendly competition on the<br />
banks of the River Torrens.<br />
Membership categories<br />
Industry members<br />
Level 1A Global Revenue >$500m<br />
Level 1B Global revenue >$100 - $500m<br />
Level 1C Global revenue >$50m - $100m<br />
Level 1D Global revenue >$20 - $50m<br />
Level 1E Global Revenue >$0 - $20m<br />
Level 2 Explorer or early production<br />
with production outside of SA<br />
Level 3 Early production<br />
Level 4 Junior explorer / extractive