Who’d try to build a new coal mine? The divestment campaigns are slowly convincing banks to steer clear (), the coal price is in the floor. The Indians seem to be (finally) increasing domestic production and their solar price is tumbling. The environmentalists and their pesky skinks are slowing things down, the social licence to operate... Continue Reading →
Of the Australian iron ore price plummet and mining’s “social licence to operate”
Iron Ore royalties leave, just when we needed them most… All is not well in the great Southern quarry that tourists know for its koalas and Ramsay St. For the last ten years selling iron and coal (and building infrastructure to sell ever larger tonnage) kept Australian mining companies busy, and rich. But since early 2011... Continue Reading →