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The Macau Prime Minister said "Australia is rich in resources End of an overstat

According to Agence France-Presse, September 4, Australian Prime Minister Julia Gillard (Julia Gillard) on the 4th deny "Australia is rich in resources coming to an end," saying, benefits and indicated resources will continuefor decades.
 
Reported that the abundant natural resources to help Australia successfully avoid the impact of the global financial crisis. Gillard said the natural resources boom three divided stages, of which the first phase of "commodity prices" has been in the past, but the second phase of "strong investment period has not yet reached its peak, in the third stage of the production boom in the decades after the arrival.
 
Mining conference in Perth, she said: "report on Australia's rich natural resources, is coming to an end overstatement China is still in urbanization and industrialization on the road development, India is also in the rapid development of these two countries are Australia's natural the main market of resources. "

Earlier, Australian Resources Minister Ferguson (Martin Ferguson) has said "Australia's mining boom has ended, caused some panic in the market. Australian mining giant BHP Billiton last month shelved expansion plans at the Olympic Dam copper and uranium, while another giant Fauske Metal Group also announced the postponement of the original development plan month.



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