The debate around Western Australian iron ore royalties has raged from the moment Brendon Grylls reassumed leadership of the WA Nationals from Terry Redman in August last year.

There are very few companies within the mining industry that operate the same way as 19th century miners worked many moons ago.

The resources sector has spent the past few years adjusting to the commodity market downturn and all of its implications, but are there signs of life emerging?

Riding high on the tailwinds of global geopolitical and economic uncertainty, Australia’s gold industry has emerged as a pillar of strength in the Australian resources sector’s recovery.

While China’s economic slowdown has contributed to some challenging times for local copper miners recently, continued demand growth out of India could help drive a red metal recovery.

Further exploration has been touted as the key to sustaining Australia’s mining industry success for many years to come.

Western Australia’s Pilbara region is renowned for its dry heat, red dirt and the vast commodity riches it generates as Australia’s iron ore heartland.

The vote in favour of the United Kingdom leaving the European Union in late June sent shockwaves through markets across the globe as people scrambled to understand the ramifications. 

While much of the recent discussion around the commodity price downturn has focused on the doom and gloom there are positives born out of times like the present, according to MinterEllison.

A shining light in the mining sector is quite literally – gold.

Subcategories