Resources companies in Australia spent a record AUS$964 million on exploration in the fourth quarter of 2021, according to latest research which is encouraging analysts to liken the current conditions to those seen during the mining boom of 2010. Total capital raising also broke a record in...
The Australian Government has announced that it will contribute A$100 million to extend the Junior Minerals Exploration Incentive four more years. The programme seeks to assist eligible junior mining companies access tax incentives to attract new investors. To date, the Junior Minerals Exploration Incentive has supported...
Australia delivered a full-year trade surplus of AUS$49.9 billion thanks to record high exports from the resources sector, which has been boosted by higher commodity prices during the last year. Iron ore was again Australia’s biggest single contributor to exports, delivering $77 billion in revenue over...