ON 361 mining complexes all over Australia, workers and their mammoth machines are operating around the clock on a scale never before seen in this country's history.
Australia now produces more than one billion tonnes of minerals each year, and that's only counting the finished product. This is five times more than we were producing at the end of the last boom 30 years ago. It is enough to fill 3000 of the biggest bulk carriers that ply the world's oceans, and the prices obtained from those shipments have risen on average by more than three times since the current boom got under way in 2003. While the impact of this boom is changing our continent in ways that will be irreversible, our politicians lack the courage and capacity to put in place policies to ensure that we, and our descendants, reap a lasting legacy from this once-in-a-century opportunity. Read More
The Australian
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