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According to a news report Australians are not seeing enough economic benefits from the country's once-in-a-century mining boom. while mining company profits have surged over the past 20 years the share of industry income paid in wages has dropped according to the study commissioned by the Construction, Forestry, Mining and Energy Union. In addition, it says record mining industry profits have outstripped growth in taxes and royalties. http://promotion.blackhawk-mining.com/2013/12/06/cfmeu-report-says-most-australians-have-not-benefited-from-the-mining-boom/

A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.

A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.

The epic proportions of the illegal mining scam that was uncovered by the Karnataka Lokayukta in its 2011 report may actually have been just one act of a much larger, more complex and multi-layered drama. There is now new evidence to suggest that the Lokayukta's final report on illegal mining - a political game-changer that sent the powerful to jail and catalysed a regime change in the state - is just one part of the mining story. A six-month-long investigation by The Hindu, with help from whistleblowers in the Railways, the Karnataka Commercial Taxes Department and the CBI, points to losses to the State exchequer between January 2006 and December 2010 that are, at the very least, Rs. 1 lakh crore or eight times the estimated figure given in the Lokayukta report. The investigation also shows that the State lost Rs. 2,000 crore in commercial taxes. The new information suggests that the dominant narrative on illegal mining, namely, that illegal ore was mainly exported to China to feed an infrastructure boom triggered by the Beijing Olympics, is actually a very partial telling of the mining scam story. The new data with The Hindu furthers the depth and reach of the mining scam, a part of which was so exhaustively covered in the Lokayukta report. http://blackhawk-mining.com/

A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.

http://www.washingtonpost.com/world/asia_pacific/afghan-official-roadside-bomb-kills-3-afghan-soldiers-in-northern-afghanistan/2012/08/16/cb0464bc-e78a-11e1-9739-eef99c5fb285_story.html NATO forces said they could not confirm what... more A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services...