PUBLICATION

Engineering & Mining Journal

AUTHORS

Daniel Kaye, Jodi Hackett

Australia Mining 2006 E&MJ Release

January 06, 2006

The global resource industry is renowned for its pronounced cyclicality. Yet what is unique about the current surge in metals and minerals demand is the fact that it is broadly based across commodities and is drawing upon rapid economic development in Asia that resource-rich Australia is geographically well-placed to exploit. Open, durable but remote, the local mining industry is now ratcheting up the country’s overall international economic profile to levels not previously seen—and there’s little sign of a slowdown. It is a profile that deserves some publicity. According to the International Monetary Fund, Australia’s economic growth averaged 3.1% per year between 2000 and 2005 (incorporating a Fund estimate for 2005), better than any other major industrialized country including the 2.8% seen in the United States.

RELATED INTERVIEWS MORE INTERVIEWS

Tembo Power is developing hydropower projects across Africa with a focus on DRC.
Chesser Resources is upbeat about its Diamba Sud gold resource in Eastern Senegal.
Robocon speaks with GBR about the outlook for its services in Peru.
"Our product innovation process involves gathering client feedback and submitting it to the factory, which determines which ideas to pursue based on economic considerations."

RECENT PUBLICATIONS

Peru Mining 2025 Pre-Release II

Featuring insights from nearly 50 mining executives, the second pre-release edition of GBR's Peru Mining 2025 sheds light on the industry's current state while highlighting the country's window of opportunity with the energy transition and copper's critical role.

MORE PREVIOUSLY PUBLISHED

SUBSCRIBE TO OUR NEWSLETTER