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Former top economic advisor to US President Barack Obama, Gene Sperling says the medium-term outlook for the Australian resources industry is rosy, despite the doom and gloom engulfing the sector this year.
Who says the resources industry is in the toilet?
The doom and gloom hanging over the nickel industry has claimed another victim after Panoramic Resources this morning announced it had sacked 80 workers after shutting part of its Kambalda operation.
Gold Road Resources says the early results from its pre-feasibility study on its emerging Gruyere project show the deposit could produce almost 270,000 ounces of gold a year.

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article thumbnailRumours of new Super Pit gold find

There is mounting speculation Super Pit operator Kalgoorlie Consolidated Gold Mi ... 

article thumbnailSirius names preferred tenderer

Sirius Resources has named Zenith Pacific its preferred tenderer for a 16-megawa ... 

article thumbnailRain fails to dampen Doray's glow

Doray Minerals boss Allan Kelly is quick to remind investors his company has onl ... 

article thumbnailRio's result of buyback scheme

Rio Tinto has acquired 220,000 shares under the US$2 ($2.74) billion buyback sch ... 

article thumbnailMacmahon to pay off bank debt

Macmahon Holdings has decided to pay off its bank debt in the wake off receiving ...