doing fifo financially smart
HomeMining Industry News Mining industry ends 2016 on a positive note

Mining industry ends 2016 on a positive note

Friday 30th of December 2016 11:30:49 AM



There has been an unexpected rally with Australia’s two largest exports, coal and iron ore as 2016 draws to a close.

Even though the price has eased back a little, gold has been the proverbial shining light and even base metals had a greater lustre.

The new kids on the block that seemed only to go one way, up, were the so-called tech metals like lithium and graphite.

It seems that despite a lot of media and public commentary about the end of the mining boom, the industry is not exactly on its knees.

"There is still significant activity going on in the mining industry in terms of the existing mines, and indeed the continuing search for the next mine," said analyst Scott Brimley with business consultants Ernst and Young.



Read Full Story Here

Recent Related News

Y Fronts teaser bannerDowner Group MiningLink prefered resume writers Civil Link Banner
Operator Maintainer
Bis Industries requires an Operator Maintainer to join our operations at Karara, this is offered FIFO on 2:1 roster from Perth, come join the team!

Mc Truck Drivers Gunnedah
Bis Industries is seeking MC Drivers commencing at Gunnedah on a Monday to Friday roster and every other Saturday as required.

Mc Drivers Goldfields
Seeking expressions of interest from experienced MC Drivers, in consideration for multiple opportunities across our operations in the Goldfields.

Auto Electrician
Seeking an experienced Auto Electrician for a FIFO role, 2/1 roster ex Perth. Immediate start.

Senior Whse Advisor
Seeking a Senior WHSE Advisor to provide on-site advisory support across the WHSE and Training functions for our operations in the Southwest.

Prelude Arrives In Australia
Shell Australia's Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters this week after its 5,800km journey from the Samsung Heavy Industries shipyard in Geoje, ....

Australia's Largest Testing Rig Unveiled In Rocky
Siemens has invested $5 million into the Rockhampton Service Centre, which unveiled this week, Australia’s largest and most advanced gearbox load test rig for mining, wind power and other core ....

Dinosaur Find At Qld Mine Site
Palaeontologists and volunteers will work over the next month excavating and studying 30,000-year-old dinosaur bones at the South Walker Creek mine in Central Queensland. The team of eight people, ....

Black Thoated Finch Puts New Coal Mine At Risk
The controversial black throated finch is back to cause problems for Adani with a fresh legal challenge over the planned Carmichael coalmine. New advice has found the federal environment ....

Monadelphous Awarded $55M In Contracts
Monadelphous Group Limited announced on Wednesday it has been awarded a number of new work packages with a combined value of approximately $55 million. The engineering company will carry out ....

iComplii