Conference Proceedings
The AusIMM Centenary Conference - Mining: Our Heritage - Our Future
Conference Proceedings
The AusIMM Centenary Conference - Mining: Our Heritage - Our Future
Rates of Return and the Cost of Equity Capital to the Mining Industry: An Australian Perspective
Over the 20 years to 1990 the Australian mining industry,
presently worth some $A60 billion, generated a negative real rate
of return (McDonald, 1992); not surprisingly under-performing
the returns from bonds and industrial equities. Over this same
period more than $A70 billion was invested in expanding the
Australian mineral industry.
presently worth some $A60 billion, generated a negative real rate
of return (McDonald, 1992); not surprisingly under-performing
the returns from bonds and industrial equities. Over this same
period more than $A70 billion was invested in expanding the
Australian mineral industry.
Contributor(s):
R J McDonald
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- Published: 1993
- PDF Size: 0.555 Mb.
- Unique ID: P199302029