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New Zealand's cloudy mining future

New Zealand’s economy is growing at an annual rate of about 3%, supported by low interest rates, high-net migration, a high level of construction activity and a decline in fuel prices. However, the fall in export commodity prices – dairy prices particularly – that began in mid-2014 is continuing

Mining Journal

In June the Reserve Bank reduced its official cash rate to 3.25% due to the weaker prospects for dairy prices and recent rises in fuel prices that are expected to slow income and demand growth and delay...

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