Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
Mining boom for Victoria?; 3300 jobs and $11 billion in revenue
Topic Started: 1 Jun 2012, 07:22 AM (1,440 Views)
Frank Castle
Member Avatar
Business As Usual

EXCLUSIVE: A PLAN to export Victoria's brown coal will deliver 3300 jobs and more than $11 billion in new revenue as the state plots its own mining boom.
http://www.heraldsun.com.au/news/more-news/jobs-in-coal-rush/story-fn7x8me2-1226377818186
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
Profile "REPLY WITH QUOTE" Go to top
 
NotFooled
Member Avatar
The Bear Whisperer

Exporting brown coal seems somewhat irresponsible.
Profile "REPLY WITH QUOTE" Go to top
 
Shooter McGavin
Member Avatar
Well, Real Estate is a hobby of mine
not to sound bearish, but if its hazelwood, I wouldn't bet the house on it. But then again with propertys going for under 90k around there, it may be a safe'ish bet. The valley has really high unemployment, so alot of the vacancys will be picked up by locals
Damn you people. Go back to your shanties
Profile "REPLY WITH QUOTE" Go to top
 
Pig Iron
Member Avatar
Bogan scum

to who though? china has heaps of lignite
I am the love child of Tony Abbott and Pauline Hanson
Profile "REPLY WITH QUOTE" Go to top
 
TED BULLPIT
Member Avatar


These 3300 jobs wont cut it even if it does prevail.
Victoria will eventually see big job increases once the gold mining boom kicks in. But this could still be another year or two away yet before it really gets under way. But the downside is it will be restricted to gold mining towns like Ballarat and Bendigo. While some of you may find this amusing it is merely common sense at play for which you will eventually see. :bye:
Profile "REPLY WITH QUOTE" Go to top
 
audas
Member Avatar


TED BULLPIT
1 Jun 2012, 01:32 PM
These 3300 jobs wont cut it even if it does prevail.
Victoria will eventually see big job increases once the gold mining boom kicks in. But this could still be another year or two away yet before it really gets under way. But the downside is it will be restricted to gold mining towns like Ballarat and Bendigo. While some of you may find this amusing it is merely common sense at play for which you will eventually see. :bye:
Um, sorry there TED, what are you talking about ?


Gold Mine
Profile "REPLY WITH QUOTE" Go to top
 
TED BULLPIT
Member Avatar


audas
1 Jun 2012, 04:51 PM
Um, sorry there TED, what are you talking about ?


Gold Mine
Quite simple audas ;)

You will see more and more job loses over the next couple of years.
We are aleady digging dirt out of the ground and selling it for around $135 a tonne and here the demand and price is dropping. With gold at around 50 million per tonne , people with no job will pack up and head to the goldfields . I expect gold to gain some traction and start to head forward once again in about a months time. With the price of gold heading north again shortly , thanks to both the euro collapse and the Fed having to print more money ,where else will they go . ;)
Profile "REPLY WITH QUOTE" Go to top
 
miw
Member Avatar


TED BULLPIT
1 Jun 2012, 05:46 PM
Quite simple audas ;)

You will see more and more job loses over the next couple of years.
We are aleady digging dirt out of the ground and selling it for around $135 a tonne and here the demand and price is dropping. With gold at around 50 million per tonne , people with no job will pack up and head to the goldfields . I expect gold to gain some traction and start to head forward once again in about a months time. With the price of gold heading north again shortly , thanks to both the euro collapse and the Fed having to print more money ,where else will they go . ;)
Fair Call Ted.

Everyone is headed for the exits in gold at the moment, but logic would tell you that should reverse. Paper assets are looking shakier and shakier and this will push people back to hard assets. The two hardest assets are land and metals. Gold has the lowest carrying cost of all. It's moving from return on capital, past return of capital and on to "I wanna be able to see my capital so I can be sure I have something left when we come out the other side of all this."

The truth will set you free. But first, it will piss you off.
--Gloria Steinem
AREPS™
Profile "REPLY WITH QUOTE" Go to top
 
peter fraser
Member Avatar


TED BULLPIT
1 Jun 2012, 05:46 PM
audas
1 Jun 2012, 04:51 PM
Um, sorry there TED, what are you talking about ?


Gold Mine
Quite simple audas ;)

You will see more and more job loses over the next couple of years.
We are aleady digging dirt out of the ground and selling it for around $135 a tonne and here the demand and price is dropping. With gold at around 50 million per tonne , people with no job will pack up and head to the goldfields . I expect gold to gain some traction and start to head forward once again in about a months time. With the price of gold heading north again shortly , thanks to both the euro collapse and the Fed having to print more money ,where else will they go . ;)
Ted is there still gold in commercially viable quantities in the old diggings, are the old mullock heaps worth re-processing. I understand the old cyanide processes were inefficient, so there may be opportunities there.

Any expressed market opinion is my own and is not to be taken as financial advice
Profile "REPLY WITH QUOTE" Go to top
 
Pure_Red_Rage_Man
Default APF Avatar

another bad day for property in the media. QUEUE THE SPAM
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy