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Oz miners arrive at familiar fork in the road

The mood in Australia’s mining industry had shifted two years ago at the country’s premier annual investment conference, Diggers & Dealers, in Western Australia. By the time last year’s event rolled around there was plenty of good production and profit news to vindicate the earlier optimism. Now, on the eve of the 2018 gathering, the industry finds itself at a familiar junction.

Oz miners arrive at familiar fork in the road Oz miners arrive at familiar fork in the road Oz miners arrive at familiar fork in the road Oz miners arrive at familiar fork in the road Oz miners arrive at familiar fork in the road

There will be lots of Diggers & Dealers traffic in Kalgoorlie in August

Australia's public equity investors have shown an overall appetite for resources that has surpassed even the major Canadian money market over the past 12 months - a rare period indeed.