Recently big names in the gold mining sector united their voices to defend the wounded industry. The Gold Industry Group is now a result of the sector preoccupation about Government’s financial interests and future decisions. In the meanwhile, low prices keep hurting the sector but the precious metal is starting to recover.
Tag Archives: australia
Australia Must Ignore Greece, more focus on Asia.
The media loves the disaster happening in Greece and the world actually falls in that game. Things with the European Union and Greece are really messed up economically, but nobody is paying attention to a bigger crisis occurring right now in Asia.
Iron ore price collapse deepens as mining industry inquiry abandoned
The cancellation of the inquiry in the mining sector was not a good news for some characters in the industry. Fortescue Metals Group Ltd., one of the biggest players in the iron ore industry at Western Australia failed to convince the government to execute the widely popular investigation in the mining business, making possible the attainment of reliable data.