September 14th - news update

Mining, oil and gas - growth drivers in WA index — by wallacep — created Sep 14, 2009 03:35 PM

The market capitalisation of Western Australian listed companies within the Deloitte WA Index increased by a further 5.3 per cent for August, with a collective value of $137.7 billion at the month’s end.

Export earnings jump but not into exploration — by wallacep — created Sep 14, 2009 03:50 PM

Earnings from Australia's mineral exports jumped 37 per cent to a record $159.7bn in 2008/09 despite an overall decline in production. In June quarter spending on mineral exploration fell by 5.6 per cent.