Grant Thornton: Australia's 2015 Junior Mining and Exploration Survey
Grant Thornton Australia's 2015 Junior Mining and Exploration survey (#Jumex2015), now in its sixth year, confirms worrying trends that continue to impact the competitiveness and longer term sustainability of the junior mining sector, which accounts for a third of all Australian listed companies.
Unfortunately, Grant Thornton foresees an increased number of business failures, consolidations and sector exits for those troubled operations. On the positive side they are slowly seeing greater innovation and collaboration amongst explorers, to reduce their costs and embrace technology for improved efficiency.
The top 10 findings from their research are:
10 employment to remain at low levels
Click here to read the top five key findings and download the report.
9 ongoing commodity pricing pressures
8 refocus on Australia – less global, more local
7 regulatory challenges persist
6 the future of Australia’s mining industry – low exploration activity
For more information please contact your usual Grant Thornton advisor, or:
National Head of Energy & Resources
T +61 2 8297 2487