CU-River purchased the Cairn Hill iron ore mine south of Coober Pedy in 2017 and has indicated it will look to house employees in the town.
"The problem with mining companies is they come in, establish for a period of time and then downsize, so we over-capitalise on our investment for short-term demand.""The costs at the moment are very high, the water charges in Adelaide are $3.37 per kilolitre, here in Coober Pedy they are $6.30 and to balance the books we might have to put it up past $8," Mr Pitman said.
"We've asked for the State Government to offer that underwriting bonus that rural people get in the rest of South Australia to apply to Coober Pedy as well," he said. "In calling for that I said SA Water would be the most appropriate authority to take over the assets and run on behalf of the community."
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