CAPITAL INVESTMENT CAUTION ABOUNDS AT THE MOMENT. All around are shades of 2008 as projects are deferred and costs cut. Read on page 19 of this edition of Mining Weekly of researcher Newport Consulting revealing a sentiment of caution among Australian mining leaders, which is seen as being compounded by falling commodity prices, rising business costs, complex industrial relations legislation and uncertainty around the political environment and government policies, including carbon taxes and the minerals resource rent tax (MRRT). Ditto for other countries, too.
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