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Industry snapshot: Back to business Down Under

Recovery momentum in the Australian mining industry gathered pace in the March 2017 quarter, with the industry building on above-average activity levels that first emerged in the December 2016 quarter. However, evidence has emerged showing explorers ratcheting down drilling expenditures, and metres drilled, amid apparent demand-induced increases in contract drilling prices.

Industry snapshot: Back to business Down Under Industry snapshot: Back to business Down Under Industry snapshot: Back to business Down Under Industry snapshot: Back to business Down Under Industry snapshot: Back to business Down Under

Australia's mining sector approaching a 'gangbusters' scenario?

Our latest analysis of Australian Bureau of Statistics (ABS) data incorporates figures publicly available as at 28 June 2017.

National economic activity grew in tandem with the mining sect...

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