Miners need to dig themselves out of a cost sinkhole

A Boston Consulting Group report on mining productivity has found that Australia's mines are among the most inefficient and costly in the world, with serious cost-cutting needed to match global competitors.

Why has the US sharemarket performed so much better than Australia in recent times? Obviously there are a number of reasons, but there is one overriding force: American managers worked out that future depressed economic growth was not going to provide their shareholders with a good living. They would need to be a lot more efficient.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles