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Mining investment falls, hits economy

Posted on 31 July 2012

Only a quarter of Australia’s mining companies are looking to invest in major projects this year, further fuelling concern the mining investment boom is over.
A report released on Tuesday says the mining industry appears to be in survival mode, with just 25 per cent of Australian companies planning to invest in major capital expenditure projects in the year ahead, compared to 52 per cent last year………………………………………..Full Article: Source


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