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VIDEO: RIO, BHP, Perilya, Where the Bloody Hell Were You?

31.05.2011 | 4:00 Uhr | ABN Newswire

11:42 AEST May 31, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.

Sydney, Australia (ABN Newswire) - Last week in Broken Hill, an Australian mining town for the last 128 years, a band of dedicated miners and explorers got together for the inaugural Resources and Energy Symposium, a conference and seminar showcasing Australia's mining talent, new and old. As the demand for commodities ramps up, new mines and exploration projects are presented for a wide range of commodities including Iron Ore, Cobalt and Tungsten.

The Energy and Resources Symposium brought together a large number of participants from Investors and Analysts, through to emerging and established mining and energy companies. Professor Ian Plimer, Geologist, Author and Patron of the Inaugural Event spoke candidly in an Interview with the Executive Chairman of the Sydney Mining Club, Mr Julian Malnic.

Follow this link for the full interview:

Silver, Lead and Zinc have been the core of Broken Hill's mineral assets, and from the lode dividing the northern and southern parts of the town, a community of support has grown over time to what is today, a legacy and spiritual home to all mining in Australia.

Junior explorers shared the time with some of the men who have built the largest and most profitable mining ventures in Australia's history. Geologists and CEOs with decades of mining experience gathered to share in nostalgic memories and at the same time, the future of mining in Broken Hill.

For many years, as the locals will tell you, the mantra that 'there is about 5 years left of mining in Broken Hill' has been repeated and propogated to the cities. But, is this true? Will there be an end to mining in Broken Hill? The lode that has successfully supported mining for over the last century is beginning to be suspected as being only part of what could be a much larger zinc, silver and lead system. One company, with a recent iron ore discovery around 100 kms south of the town indicated their mine life could reach a hundred years.

The two thousand square kilometers surrounding Broken Hill, dotted with over 4,000 mines, shafts and open pits, continues to yield more economic discoveries, with a more diverse range of minerals from Tin and Tungsten through to Gold. The mineral output of Broken Hill is now greater than at any time during its years of mining endeavour.

Could this be a new mining renaissance in Outback Australia. Will the commodity boom double the life of a legendary mining town by a century?

As most Australians forget that we are standing above the mineral wealth that helped create the robust economy we have today, I am called to remind those in the cities, and those in Government, that encouraging and facilitating these mens' efforts in the resources and mining sectors will determine, to a large degree, the next 100 years of prosperity.

Some of the Companies and Organisations presenting and exhibiting at the inaugural Resources and Energy Symposium were:

Runge Limited, Golden Cross Resources Limited, Bemax Resources Limited, Mithril Resources Limited, Cowell Electric Supply, Broken Hill City Council, Global Scene, A-Cap Resources Limited, Olympus Innovx, ALS Group, Petratherm Limited, Australian Bauxite Limited, Industry and Investment NSW, Industry and Investment NSW, Adelaide Resources Limited, Bass Metals Limited, Silver City Minerals Limited, Gold Anomaly Limited, L&M Energy Limited, UXA Resources Limited, Bathurst Resources Limited, Portable Analytical Solutions, Endeavour Minerals Limited, Minotaur Explorations Limited, Integra Mining Limited, Beacon Minerals Limited, YTC Resources Limited, Commissioners Gold, Desert Knowledge Australia Outback Business Network, Alacer Gold Corp., Exeter Resources Corp., Cobar Consolidated Resources Limited, Kimberley Metals Limited, Marengo Mining Limited, Commonwealth Bank, Carpentaria Exploration Limited, Laguna Resources NL, MIL Resources Limited, Broken Hill Prospecting Limited, Unison Holdings Limited, Metaliko Resources Limited, IMX Resources Limited, GB Energy Limited, Direct Nickel, Global GeoScience Limited, Thomson Resources Limited, White Rock Minerals Limited.

About Symposium:

Symposium exists to connect the Australian resources industry with the investment community at both a domestic and international level. We provide a range of opportunities for mining, coal, oil, gas and other energy-related businesses to present to and engage with potential investors. Our events, from monthly roadshows to annual conferences in Australia as well as North America and China are all specifically designed to showcase the resources industry, raise awareness and create mutually beneficial business partnerships. For more information see: www.symposium.net.au

About ABN Newswire:

Asia Business News (ABN Newswire) is a leading communications technology company in Asia, and electronically publishes and distributes corporate and financial news and information from publicly listed companies directly to investors and financial media outlets worldwide through a professional database network and financial news distribution platform. Operations are tailored for corporate Investor Relations departments and corporate Public Relations departments through the ABN Newswire.

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Tim Mckinnon
Asia Business News
Tel: +61-2-9247-4344

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