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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

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