Digging Deep

INTERNATIONAL mining export opportunities are on the rise as Australia’s expertise gains worldwide credibility, according to Austrade’s mining project manager Joel Hicks. He said Australia was a haven for resource-based investments. Over the past two years foreign investment in Australia’s mining industry has more than doubled, from $10.1 billion to $23.7 billion.

China is touted as the next big market, Mr Hicks said, while new mining legislation in South Africa was expected to open the door to smaller Australian mining firms. Opportunities in Latin America, Papua New Guinea and Russia also exist for mining product and service providers.

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