Mining slowdown part of the game: WA industry …
Australian Mining 12 hours ago Iron ore prices have moved beyond US$100 ($147) per tonne this week, following supply concerns and uncertainty in the iron ore market due to worsening COVID-19 ...
Australias mining slowdown will set off wave of ...
Another spin-off from the mining investment slowdown, which is not just confined to Australia, is a forecast of “a wave of consolidation activity over the coming quarters as a growing number of...
Securing the future workforce of Australian …
09.08.2020 · How are mining’s stone prospects shaping up in the face of an economic slowdown? Vanessa Zhou explores the opportunities with Alcoa, Gold Industry Group and Australia…
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Established in 1908, Australian Mining magazine keeps you informed on the latest news and innovation in the mining industry
Mining slowdown hits Ausdrill hard - Australian …
Ausdrill has posted a 15 per cent profit downgrade for the year to June 30, and says a slowdown in the local mining sector is to blame for its weak performance. In an investor update yesterday Ausdrill said it expected a $90-$96 million profit for the year, down from the $112m forecast in February.
Australias economy to slow down even further, …
02.09.2019 · Mining profits dominate. Meanwhile, the operating profits of Australian companies surged 4.5 per cent between the March and June quarters — more than doubling what the market had expected.
Australias mining-driven economy facing …
Australias two-speed economy has been hit by a series of data-led body blows that point to an end to the mining boom and hint at another rate cut from the Reserve Bank of Australia (RBA).
Mining slowdown felt by Ausdrill - Australian …
Ausdrill have reported a 12 per cent profit fall amid a slowdown in the mining sector. The mining services group posted a net profit of $48.1 million in the six months to December, down 12 per cent on the same period last year, SMH reported.
Galaxy workforce safe despite Mt ... - Australian …
Australian Mining 3 hours ago Coronavirus has forced the cancellation or postponement of major events worldwide, with limits on travel and the size of groups allowed to congregate within one area.
Mining slowdown aftershocks: it could have been …
The short answer is that Australia is a low-cost, high-quality resources exporter and other countries simply cannot compete. That won’t help many smaller high-cost miners in Australia and overseas. But our major miners will continue to produce, albeit at lower prices. Mining exports and production are growing strongly.
Lynas accelerates 2025 projects amid operations …
Lynas Corporation has felt the impact of the coronavirus pandemic as it delivered a lower rare earths production of 2579 tonnes during the June quarter. This represents a drop from 4465 tonnes produced during the prior period.
Australian mining in trouble when Chinas …
Australias mining industry has boomed over the past 20 years, and has taken our economy with it. Thats meant a huge build-up in mining capacity and mining employment. Whats good for China has ...
Whitehaven optimises NSW operations amid …
Australian Mining 11 hours ago South Australia has a rich history of copper mining, dating back to the 1840s when Cornish miners and their families poured into hubs such as Burra, Kapunda and ...
Australian Mining stone Diminish as Slowdown …
27.06.2013 · Australian Mining stone Diminish as Slowdown Deepens After a Decadelong Boom, Miners Are Axing More stone as Commodity Values Fall . By Rhiannon Hoyle. June 27, 2013 5:13 am ET SYDNEY—Australias ...
Mining slowdown hurts NSW - Australian Mining
Despite previously forecasting a $289 million surplus earlier this year, the NSW budget is expected to be in deficit in 2013 due to a slowdown in the mining sector. According to Fairfax Media NSW Treasury originally expected to raise hundreds of millions of dollars …
From boom to bust in Australias mining towns - …
Chinas slowing economy is driving Australias mining towns to the brink - just as its booming demand built them up. Julian Lorkin reports.
China’s economic slowdown hits QLD mining towns
14.03.2015 · A SLOWDOWN in China and shrinkage in the consumption of coal are tearing holes in the fabric of once-booming mining towns in Queensland’s Bowen Basin.
Construction outlook: mining construction …
A sluggish building climate in Australia, influenced by a slowdown in mining construction, is leading the biggest companies in the construction sector to trim costs, pursue smaller projects and ...
Australia Mining Slowdown Hits Economy Never …
29.08.2012 · Australia Mining Slowdown Hits Economy Never Down on Luck Michael Heath, SHARE THIS ARTICLE. Share Tweet Post Email Australia, known as the lucky country for its resource abundance and temperate ...