News

February 06, 2010

That Was The Week That Was ... In Australia

By Our Man in Oz

Minews. Good morning Australia, or should we say South Africa, as you’ve been at the Indaba talking shop all week?

Oz. Still here actually. Just finishing up before heading home, so this week’s market report is a long distance look, and might have to be a bit shorter than usual.

Minews. Before getting to the market, then, perhaps a final word on Indaba, and how you read the mood of the mining industry.

Oz. Healthy is the one-word answer, but not yet robust. It seemed that the conference itself was dominated by suppliers and service providers trying to sell their assorted wares. Genuine miners and bankers were perhaps a little thin on the ground, which was to be expected after such a tricky time over the past 18 months. Australian miners were well represented, and the...