The Queensland Resources Council has released industry figures confirming mining, gas and energy companies added a record A$82.6 billion to the state economy in 2019-20.
IGF says the pandemic will have longer- term consequences on employment in the large-scale mining sector as a result of impacts on local suppliers and community economic activities, mining capex forecasts and current investments.
Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.