Mathew Hodge - Morningstar | The Good The Bad and The Ugly of Mining

Shares for Beginners

It's 30 plus degrees underground, a hundred percent humidity, the air is saturated, and you breathe out, like steam in the morning. The underground is soaking hot, because the air can't take any more moisture.

"Australia’s mining industry is a pillar of the Australian economy, with the country being one of the world’s largest exporters of coal, iron ore, bauxite, alumina, and many other resources. The gross value added by the mining industry was in the hundreds of billions of Australian dollars in the past decade alone. The real gross value added of the mining industry accounted for over 10 percent of the total gross value added in Australia, making it one of the largest economic industries in the country. Over 180 thousand people were employed in the Australian mining industry. Historically, several mining booms have increased investment in mining, leading to higher incomes from mining activities and more immigration to Australia." - Mining industry in Australia - statistics & facts | Statista

Matthew Hodge is the Director of Equity Research for Morningstar Australasia. He is a mining analyst who started out working in the mining industry. I've been looking for a while to find someone to give us a sensible overview of the Australian Mining Industry.

More info at the blog post: https://www.sharesforbeginners.com/blog/hodgemining

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