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Latest Stories

AMIRA’s new porphyry copper-gold project

What AMIRA describes as “one of exploration’s most important geological projects, P765A (Geochemical and Geological Halos in Green Rocks and Lithocaps), was completed as a resounding success in December 2010, and a new project P1060 (Enhanced Geochemical Targeting in Magmatic-Hydrothermal Systems) will shortly go on circulation to continue this work.”

Government Considers 20 000 Extra Skilled Workers for Resources Sector

A new plan being considered by the Gillard government could help fill the gaps in the skilled workers shortage. As the mining boom continues, the need for labour has increased and the federal government is examining a plan to allow an extra 20 000 skilled migrants into Australia.

Treasurer Wayne Swan is under pressure from Treasury bureaucrats to increase the skilled migrant intake, particularly for Western Australia, the Northern Territory and Queensland.

Increasing deficit will make copper the new gold in 2011

Copper is the most talked about commodity this year. Copper's price and supply-demand characteristics are widely assumed to reflect the health of the world industrial economy, hence it is considered as excellent barometer to understand global economy's health.

Australia still world’s no. 2 gold producer

Australia produced 266 tonnes of gold in 2010, up 17% on 2009 but not enough to secure it first place as China's output grew to 341 tonnes in the same period. Australia maintained its number two ranking in gold output behind China in 2010