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

The Australian resources industry’s obsession with productivity in the wake of an unprecedented commodity price downturn has effectively ushered in a new era of mining.

Few trade agreements in recent memory have divided – and continue to divide – expert opinion in quite the same way as the Trans-Pacific Partnership (TPP).

With the mining sector in a state of flux and capital hard to come by, a number of junior explorers are considering their sale and funding options in relation to their project portfolios.

Low metal values have gripped the industry in recent times. Producing mines have been moved to care and maintenance, while development projects placed on hold all pending price improvement.

 

The Australian dollar slipped dramatically in 2015 and is showing few signs of a rebound, providing a positive for a sector undergoing a challenging transition away from the boom.

Job cuts in Australia’s mining industry have been rife in recent times as companies strive to lower their costs to a sustainable level in the wake of the commodity cycle downturn.

 

There is no doubt mining companies have a number of hurdles to overcome on their quest towards operation.

 

The recent downward plight of Australia’s mining industry has hit a number of other areas hard, and while the future is bright, there are likely few to have felt the impact quite as much as the METS sector.

 

 

When enterprising Chinese immigrants came to Australia in the 1930s to make their fortune during the gold rush it became clear the financial and economic prowess of Asian business was not to be scoffed at.

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