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.

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.

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