Australia’s mining industry is being encouraged to diversify its export markets beyond key commodities such as iron ore and gold.
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Mineral exploration expenditure jumps
Australia’s mineral exploration expenditure has risen by 2.5 per cent in the December 2020 quarter, according to Australian Bureau of Statistics (ABS) data.
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DDH1 to float on ASX amid rising drill activities
Australia's largest diamond core drilling contractor DDH1 is set to float on the ASX by launching an initial public offering (IPO) to raise $150 million.
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Surging iron ore drives Australia to trade surplus
Resources exports are guiding Australia’s recovery from the COVID-19 pandemic, with iron ore continuing to set new highs as prices reach lucrative levels.
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Gold leads exploration surge amid economic uncertainty
Gold has experienced the most investment in exploration of any commodity in Australia during the September quarter.
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Mining industry holds largest slice of Australian economy
Australia’s mining industry has delivered a 10.4 per cent share of the Australian economy in 2019-20, making it the largest economic contributor with a $202 billion GDP, according to The Australian Bureau of Statistics.
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Coal supports steady QLD resources jobs
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.
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Demand for Australian minerals slows during April
Australian commodities have continued to be on demand throughout April despite exports slipping from record-high levels in March.
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Mineral exports climb in March despite pandemic
Solid growth in mineral exports during March has guided Australia’s trade surplus to a record $10.6 billion in seasonally adjusted terms.
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Mining exports drive Australian trade amid COVID-19 impact
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.
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Queensland reports strong exports ahead of coronavirus impact
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).
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Australia a resource leader for nine commodities
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.
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Coal leads Australian mining to 2018 export record
Australia's resources exports delivered a record $248 billion in revenue in 2018, according to data from the Australian Bureau of Statistics (ABS).
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Mining’s value to Australia hits new heights
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).
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Exploration activity rises in Australia as government launches new incentive
Australia’s mining industry continues to spend more on exploration after several years in the doldrums for the sector.
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Australian exploration activity continues downward trend
The latest mineral exploration data released by the Australian Bureau of Statistics (ABS) show that activity in Australia continues to fall.
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Minerals Council of Australia rejects iron ore tax
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.
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ABS releases mining stats for 2014
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.
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