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COMMENT
LIGHT AT THE END OF THE TUNNEL IN THE WAKE OF THE PROSPECT AWARDS, SENTIMENT REMAINED POSITIVE, DESPITE A POOR YEAR
COLE LATIMER
ozmining@cirrusmedia.com.au
ASSOCIATE PUBLISHER MARTIN SINCLAIR Email: martin.sinclair@cirrusmedia.com.au EDITOR COLE LATIMER Tel: (02) 8484 0652 Email: ozmining@cirrusmedia.com.au JOURNALISTS VICKY VALIDAKIS Tel: (02) 8484 0964 Email: vicky.validakis@cirrusmedia.com.au BRENT BALINSKI Tel: (02) 8484 0680 Email: brent.balinski@cirrusmedia.com.au BEN HAGEMANN Tel: (02) 8484 0884 Email: ben.hagemann@cirrusmedia.com.au
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nother year and another successful Australian Mining Prospect Awards. The sector gathered to celebrate, recognise, and reward innovation and excellence in the mining industry, and celebrate they did. From more than 100 nominations we managed to narrow it down to 15 winners, with the fairly new Peoples’ Choice award the most impressive in its voting, with just over 6000 votes cast in our online poll. As usual the most heavily contested rounds were in the innovation and mine safety categories, which saw a swathe of new developments and inventions nominated. But what I found most impressive is that people were still upbeat about the industry. While none would deny that this has been a difficult year, both economically and in people costs, with this issue being acknowledged throughout the show, all we spoke to that night are focusing on 2015 as a much better year ahead. And this is the message that I hear consistently from analysts and the market, as well as the miners themselves.
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FRONT COVER 2014 was a horror year, but the industry was not going in to it blind. We were all aware that this was going to be a difficult 12 months ahead, but we had no idea just how rough the ride would actually be. Iron ore fell below the US$80 mark not once but twice, coal struggling consistently, gold retreating from its historic highs, uranium not yet making its bounce back, in fact it only seemed to be graphite that really caught investors’ attention this year. But as ever, onwards and upwards. So how will the industry fare next year? We will be researching the forecast for mining in-depth in the next edition, so keep your eye out for that, and always, enjoy the magazine. Cheers, Cole
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AUSTRALIANMINING
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NOVEMBER 2014
On the front cover of this November edition we’ve featured our Prospect Awards winners. Understandably the awards are a program which we here at Australian Mining are very proud of, and now in its eleventh year, we’re glad to say we’ve not lost our focus of recognising and rewarding talent and innovation within the mining industry. In this issue, if you move to the news page, you can also see the cover of Australian Mining from 100 years ago. This is a new segment we’ve decided to incorporate, to highlight not only the heritage of the magazine, but demonstrate how the industry has changed.
Average Net Distribution Period ending Mar 2014 8,050 PRINTED BY BLUESTAR PRINT 83 Derby Street, Silverwater, NSW 2128 Tel: (02) 9748 3411 Published 12 issues a year