Miners' costs pose threat to contractors

Article Abstract:

Earthmoving contractors are wary as Lihir Gold, which has one of the largest contracts worldwide, debates continuing the contract or ending it. Changes are anticipated if the contract holds, but penalties for breaking it are estimated to be repaid within the first year. Other mining companies are also weighing contracts, and may shift to in-house services. Share prices of contractors have therefore fallen dramatically at the end of 1997.

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Big names, big losses

Article Abstract:

The return of the mining minnows is one way of looking at the BRW Top 500, where some of Australia's biggest miners, having crashed, cling tenuously to a position on the list, while a swarm of smaller mineral producers and explorers have made a return to claim rankings far above better-known names.

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Metals industry starts whispering the B word

Article Abstract:

Issues are presented concerning the rise in the cost of raw materials and the fall in the amount of stockpiled stock in the metals industry. The effect of the collapse of the Soviet Union on the metals industry is discussed.

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