The Queensland resources sector has remained strong during the COVID-19 pandemic, experiencing just a 1 per cent drop in jobs during the March quarter.
Australian commodities have continued to be on demand throughout April despite exports slipping from record-high levels in March.
Solid growth in mineral exports during March has guided Australia’s trade surplus to a record $10.6 billion in seasonally adjusted terms.
Increase in Australia’s resources export revenue has underpinned a 29 per cent increase in the value of Australia’s goods export in March compared to the previous month.
Queensland’s resources sector has contributed 80 per cent of the state’s $83.3 billion exports value in the 12 months leading to February this year, according to data from the Australian Bureau of Statistics (ABS).
Government reporting from the Australian Bureau of Statistics (ABS) and Geoscience Australia (GA) have pointed to a resources and energy sector in good health following on from a record $248 billion in exports in 2018.
Australia’s resources exports delivered a record $248 billion in revenue in 2018, according to data from the Australian Bureau of Statistics (ABS).
New figures from the Australian Bureau of Statistics (ABS) have reported that the mining industry contributed 8.8 per cent of Australia’s gross value in 2017–18, a figure around 87 per cent higher than 1994–95 levels (4.7 per cent).
Australia’s mining industry continues to spend more on exploration after several years in the doldrums for the sector.
The latest mineral exploration data released by the Australian Bureau of Statistics (ABS) show that activity in Australia continues to fall.
The Minerals Council of Australia has rejected the need for a new iron ore tax following a decrease in the mining sector’s capital expenditure.
Australia’s iron ore industry added 30 per cent to its value between FY13 and FY14, according to new data released by the Australian Bureau of Statistics.