http://www.crikey.com.au/2012/12/24/all-australia-wants-for-christmas-is-stronger-iron-ore-prices/ now with extra source Fri, 24 May 2013 23:51:20 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.crikey.com.au/2012/12/24/all-australia-wants-for-christmas-is-stronger-iron-ore-prices/comment-page-1/#comment-233110 PaulM Mon, 24 Dec 2012 09:30:09 +0000 http://www.crikey.com.au/?p=340100#comment-233110 Price is one thing. Revenue (price times volume) is another. Having worked in the mining industry from '87 to '97, I well recall when iron ore sold for $20 per tonne. All those who say the mining boom is over should reflect on the expert dollar figures for iron ore, with 2001's $5.3 billion as a bench mark. The salad days may be over, but we are still a long way from a limp lettuce. Price is one thing. Revenue (price times volume) is another. Having worked in the mining industry from ‘87 to ‘97, I well recall when iron ore sold for $20 per tonne. All those who say the mining boom is over should reflect on the expert dollar figures for iron ore, with 2001’s $5.3 billion as a bench mark. The salad days may be over, but we are still a long way from a limp lettuce.

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