Industry expert says leaders aren’t learning from lessons of boom and bust

Prominent mining commentator Allan Trench believes corporate decision makers in the mining industry aren’t paying heed to the lessons of Australia’s boom and bust cycle.

Famously, the Australian mining industry went through a decade of huge growth from around 2003 to 2013 in a boom period that proved the country’s largest since the gold rush of the mid-19th century.

Moving into 2013, the mining industry entered a period of serious downturn (or bust) from which it is just now starting to recover.

Saracen boss’ stability plea

Kal Miner
Andrew Murdoch and Zach Relph
Thursday, 30 August 2018 8:05AM

Saracen Mineral Holdings boss Raleigh Finlayson is calling for the mining sector to stabilise its topsy-turvy engineering graduate demand, regardless of industry conditions, to promote mining as a viable pathway for students.

Mining Bust’s Gone and the Boom’s Back: We Need Engineers

The mining sector is lucrative and influential and is crying out for students, write Mark Hoffman and Paul Hagan
12:00AM AUGUST 29, 2018 The Australian

A sharp drop in students enrolling in mining engineering — when resources are
roaring back — has triggered alarm in parts of the minerals industry and there have
been calls for governments to “do something”.

CSIRO pours Australia’s first eco-friendly gold bar produced without toxic cyanide

You might pay more for single origin, ethically-produced coffee beans for your morning brew, but what about environmentally friendly gold in your wedding ring?

Highly-toxic cyanide has been used in commercial gold production in Australia since the gold rush.

But the CSIRO have successfully poured Australia’s first gold bar using the less-harmful alternative, thiosulphate.