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Wednesday, 13 March 2013

Australia Mining Report Q2 2013

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Australia Mining Report Q2 2013
Mar 13th 2013, 00:00

Australia will remain a leading player in many segments of the global mining industry. With its substantialdeposits, the country has an array of minerals including iron ore, nickel, bauxite, copper, gold, silver,uranium, diamonds, zinc and coal. We expect the value of the mining sector to reach US$106bn by 2017,growing at an annual average rate of 6.7% over the forecast period, from US$83.9bn in 2011. This will seethe mining sector''s share of GDP increasing from 5.6% in 2011 to 7.5% in 2017.Mining Boom CoolsAustralia - Mining Industry Value And GrowthMining Industry Value, US$bn (LHS)% change y-o-y (RHS)200720082009201020112012...

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