CAPITAL MARKETS

Morgan sees good times ahead for Australian mining

HUGH Morgan, chief executive of Australia's third-largest mining company, WMC, predicted yesterday Australia's resources sector is on the brink of a golden era with rapidly emerging Chinese demand for minerals and the strengthening of the world economy.

Greg Tubby
Morgan sees good times ahead for Australian mining

He would not forecast whether the good times would start rolling this year or within the next three, but said the real impact on the local mining industry would emerge when US interest rates started to...

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