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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

With boom over, miners must cut costs - Australia minister

Posted on 17 October 2012

With the commodity price boom over, miners have to slash costs to survive a tougher business environment after years of heady growth, Australia’s resources minister said on Tuesday.
A slowdown in top market China has curbed demand for resources from Australia, including its top two exports iron ore and coal, prompting the government to cut its mining export revenue forecast in the current fiscal year………………………………………..Full Article: Source


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