RESOURCES CORNER

Mining set to endure: BIS
14 Nov 2013 - Mining and resources will continue to be positive drivers of economic growth in Australia over the next five years, against expectations of a drop in mining investment, according to a new report from economic forecaster BIS Shrapnel.

China growth has decades ahead of it: Weiping
07 Nov 2013 - Chinalco chief Xiong Weiping has this week offered some comfort to Australian miners, saying Chinese urbanisation still has decades ahead of it and will continue to drive mineral demand.

Infrastructure needs to pick up resources slack: Deloitte
30 Oct 2013 - The total value of investment projects has fallen for three consecutive quarters for the first time in a decade, fueling concerns that non-mining sections of the economy will effectively pick up the slack of a waning resources investment boom.

WA’s resources top $100bn again
23 Oct 2013 - The value of Western Australia’s resources sector remains above $100 billion for the third consecutive year, despite falling slightly in fiscal 2013, according to data from the WA state government.

QLD set to shorten red tape for miners
17 Oct 2013 - Queensland’s Newman government plans to fast track mining exploration leases in order to speed up mining development in the sunshine state.

BREE tips boost in fiscal ’14 export earnings
11 Oct 2013 - In the next five years Australia should earn an extra $55 billion from resource exports despite slower-than-expected growth in demand for its LNG, coal, gold and oil, according to the Bureau of Resources and Energy Economics.

Gold sinks on US surprise
02 Oct 2013 - Gold sank to a two month low this week, with investors selling on their surprise of a non-rally following the US partial government shutdown.

China’s green intent dousing coal outlook
27 Sep 2013 - Growing concerns surrounding air pollution in China’s heavily populated cities has driven the country to set reduction targets, implement restrictions and hunt for alternatives to thermal coal.

Dig deep or hand over the shovel: Macfarlane
18 Sep 2013 - Part of the incoming coalition governments plan to speed up mining investment and reinvigorate the mining boom will include telling resource giants to boost spending on massive new projects or be deprived of the right to tap the deposits they are targeting.

Aus open for business: Abbott
11 Sep 2013 - Tony Abbott’s passionate declaration that Australia is once again ‘open for business’ with a mining boom rebooted has raised resources sector hopes of existing in an environment of reasonable taxation and regulatory policies.