Gold was down in terms of exploration expenditure for the September quarter, according to the Australian Bureau of Statistics (ABS), while iron ore made up ground by $23.8 million.
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Queensland resources loves locals, reaps rewards
The Queensland resources sector has splashed an increasing amount of cash on local suppliers in recent years, with local expenditure rising $4 billion from 2019 to 2020.
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Victorian resources record recognised
The Victorian minerals sector has set a new record for exploration expenditure, according to the latest quarterly results from the Australia Bureau of Statistics (ABS).
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Mining continues significant contribution in New South Wales
The New South Wales Minerals Council’s latest expenditure survey has found that the 23 participating mining companies directly injected $10.8 billion in the state’s economy in 2015/16.
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Exploration brings unexpected lift in December quarter
Australia's level of exploration has rallied in the last quarter, improving on the lowest rates seen since the GFC.
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Iron ore spending to remain stable for the majors
More than a third of Australian mining companies will be cutting spending over the next 12 months, while the iron ore majors have a stable outlook for the year ahead, according to results of a new industry survey.
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BHP pays majority of taxes to Australian government
BHP has released a new report which shows that most of their payments to governments worldwide are made to the Australian government.
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Exploration spending lowest since GFC
Mineral exploration spending in Australia has hit a six year low, dropping lower than the Global Financial Crisis levels of 2009.
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Paladin Energy to cut jobs and expenditure
Perth-based uranium miner Paladin Energy has announced more job and pay cuts to come in response to sluggish uranium prices.
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