Market Currents
Australia’s resources sector has been its barrier to the global economic slump, but the...
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Wednesday, November 28, 2012, 11:26 AM ETAustralia’s resources sector has been its barrier to the global economic slump, but the country's minister of mines warns of a "challenging" cost inflation environment that has seen three of seven LNG projects announce average cost increases of 20%-plus and a fourth conduct a review. But the Down Under resource boom likely will continue for at least a while, Clyde Russell writes.
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