BMI View: Despite the cooling of the mining boom, Australia will remain a leading player in many segments of the global mining industry. We expect the value of the mining sector to reach US$107bn by 2017, growing at an annual average rate of 4.3% over our forecast period. This will see the mining sector’s share of GDP increasing from 5.6% in 2012 to 7.6% in 2017. Australia will remain a leading player in many segments of the global mining industry given its rich deposits of minerals including iron ore, nickel, bauxite, copper, gold, silver, uranium, diamonds, zinc and coal. We …
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