Despite end of mining boom, Mining IQ hit 12,000 members in 12 months
Posted: 07/19/2012 12:00:00 AM EDT | 0
FOR IMMEDIATE RELEASE
In the light of this week’s announcement from the Resources Minister Martin Ferguson regarding the end of the mining boom, Mining IQ is delighted to announce that membership figures suggest continued growth and stability in the marketplace.
Speaking at the opening of the Australian Minerals Research Centre in Perth, Ferguson said the "premium" prices China was paying for coal and iron ore were gone. "We're not going to see iron ore at $US180-$US190 a tonne, we're not going to see thermal coal at about $US170 [a tonne], coking coal at about $US320 a tonne anymore," he said. In addition, Ferguson said Australia was a high cost environment for mining companies and as prices fell new technology would be needed to keep profits high.
In the afterglow of their first birthday, Mining IQ is delighted to announce that its membership is going from strength to strength, currently strong at 12,000 members in its first year.
This growth in membership is an indication of the high interest in quality mining content and commentary globally, with Mining IQ members constituted from across all continents and especially prolific in Asia, Australasia, Europe, Canada and the USA. Coupled with this – Mining IQ believes its success is a reflection of the engagement of mining practitioners in their own personal development as well as their desire to connect with others in the same industry.
Mining IQ’s editor, Jacqueline Bran, stated ‘Mining IQ goes from strength to strength and I am delighted with our growth. Our 12,000 members come from across the globe and we are driven by the opportunity to improve our service to them and to ensure that our content remains valuable, dynamic and up-to-the-minute.’
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About Mining IQ:
Mining IQ is an information provider dedicated to the promotion of mining industry developments and the continued learning of its members. Led by over 60 technical and strategic events across Australasia, Africa, the US, Europe and the Middle East every year, we educate over 5,000 strategic and practical executives annually.
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