CAPITAL MARKETS

Statistics of gloom

NEW government data has recorded a loss in value for the Australian resources industry over the 2012-13 year, with mining profits down badly and earnings from the exploration and services sector tanking 1860%.

Justin Niessner
Statistics of gloom

The Australian Bureau of Statistics has traced a 13.7% decline in industry value added for the mining industry over the 2012-13 year to $A114.4 billion. This loss encompasses the value of capitalised...

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