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Industry Report - Mining

Industry gross value added

Mining
Industry gross value added in mining rose 4.5% in the September 2012 quarter in seasonally adjusted terms, up from an increase of 0.3% in the June quarter. There was an increase of 21.4% in oil and gas extraction for the quarter, compared to a decrease of 3.1% for other mining. By comparison, Australia’s gross value added rose by 0.3% for the September quarter, with Australia’s GDP rising by 0.5% overall for the quarter, seasonally adjusted.
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Business Indicators

Mining
Sales in the mining sector rose 2.3% in seasonally adjusted terms in the September 2012 quarter.

In the same period:
  • Business gross operating profits fell 11.7% in seasonally adjusted terms
  • Inventories in the mining sector rose 7.0% in seasonally adjusted terms
  • Wages rose by 2.9% in seasonally adjusted terms

Mineral exploration

Actual mineral exploration fell 3.8% in the six months to June 2012 in original terms. This was larger than the expected fall of 0.8% for this time period. Actual exploration in the six months to June 2012 was 103.1% of expectations for that period. In the six months to June 2012 mineral exploration was at $1,937.2 million. For the half year to December 2012, mineral exploration expectations rose 5.9% in original terms.
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Sensis does not warrant the accuracy of data supplied by third parties. 1. Sensis® Business Index Sweeney Research, November 2012. 2. Australian Bureau of Statistics Catalogue 5206.0, September 2012. 3. Australian Bureau of Statistics Catalogue 8501.0, November 2012. ® & ™ Registered trade mark and trade mark of Telstra Corporation Limited (ABN 33 051 775 556). Sensis Pty Ltd (ABN 30 007 423 912) has responsibility for production of Yellow Pages® and White Pages® directories and related products on behalf of Telstra Corporation Limited. © Telstra Corporation Limited 2013.