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Australian miners see signs of revival, prepared to spend again

The pendulum is starting to swing towards a revival in the mining industry, with Australian executives more upbeat about the outlook for the next 12 months, according a survey released on Tuesday.
The latest ‘Mining Business Outlook’ report, released by Newport Consulting, showed that 43% of mining leaders were optimistic about the prospects for the year ahead. This was a significant increase from 2014, when confidence hit an all-time low.