Australian mining: Down but not under
Published: Thursday, 22 October 2015
The Australian resources sector is adjusting to lower commodity prices, which have necessitated a revision of cost structures and spending plans. IM gets a feel for the industry’s sentiments and looks at how the country’s miners are making plans to do business in a post-supercycle environment.
The notion that the Australian mining industry is digging
itself out of a hole has become something of a cliché
over the last few years. Although it is a convenient expression
for describing a country that lost its shirt after the collapse
of the global resources boom, it is not...