For this assessment, students are expected to present a written research proposal that is based on the literature review (Assessment 1) and demonstrates their understanding of business...

Australia Mining Industries
Australia Mining Industries
Australia Mining Industries
Student Name:
University Name:
Unit Name:
Date:
Contents
Introduction    3
Project Objective    4
Project Scope    4
Literature Review    4
CURRENT ISSUES IN AUSTRALIAN MINING    4
The top challenges facing mining businesses in 2018    4
Challenges Thiess Pty Ltd Company faced    6
Challenges for the Australian economy    7
Research Questions/Hypothesis    9
Primary Question    9
Secondary Questions    9
Research Design and Methodology    9
Qualitative research    9
Reliability and Validity    10
Sampling    10
Sample size    10
Data Collection Methods    10
Variable Specifications    11
Research limitation    11
Schedule (Research Plan)    11
Conclusion    12
References    13
Introduction
The Australian mining business dates back to gold rushes of the 1850's, making it one of the country's well-recognized sectors.  It’s a main contributor to the gross national product and usually accounts for around seven percent of GDP. A company is export-oriented and has the least onshore treatment. Since 2007-2008, the mining industry has accounted for 50% to 60% of the country's total exports. Australia is the world's five largest gold, iron ore, lead, zinc and nickel producers, as well as the world's biggest uranium as well as fourth biggest black coal resources. Although the Australian mining industry faces some challenges. As resources are scarce or depleted in some areas, businesses are forced to push the latest exploration frontiers.
In order to obtain the remaining resources, more and more mines are being built at off-grid sites, or their life cycle is diminishing, which means that the establishment of a permanent power infrastructure to serve the mines is no longer financially viable. Instead, remote mines are now utilizing scalable micro-grids that can evolve with the lifecycle, improving flexibility and efficiency. Mining is a dangerous profession. Traditional occupation threats, for example, coal dust inhalations, hearing harm and chemical hazards caused by mine noise still exist, but changes in mining properties have led to a series of novel problems. As the mines get deeper and deeper, the risk of collapse increases. As surface temperatures increase and climates become more difficult to predict, mine temperatures are more susceptible to fluctuations, so consistent temperature control is more important than ever. In addition, changes in mining practices have been renewed on the importance of continuous ventilation system - it has been ensured to protect workers from harmful fumes.
Project Objective
The objective of this research proposal is
1 To understand the underlying issues and challenges confronting Thiess Pty Ltd.
2 To evaluate PTY LTD and recommend better ways to handle mining challenges
3 To understand the impact of Thesis PTY LTD operation in Australia mining industry
Project Scope
The mining industry comes with its fair share of challenges; from scarce resources to uncertainty around commodity prices, miners are always looking at ways to overcome barriers to stay competitive. The research proposal will indicate in the fields of challenges currently facing the industry. This research proposal has addressed the inquiries i.e. what are the challenges faced by Australia mining industry.
Literature Review
CURRENT ISSUES IN AUSTRALIAN MINING
Although the global economic downturn has hit companies hard, the Australian mining industry is confident about its future. As demand for natural resources increases and the Australian government supports expansion, mining growth is expected to remain strong, but the industry will also face challenges. Pending and future regulations are also affected the Australian mining industry.
The top challenges facing mining businesses in 2018
Due to recent discoveries in Australia, the wealth management of the Australian mining sector has attracted attention. Previous studies related to the mining industry did not cover the benefit sharing of the sector. Some are concerned about the challenges and issues facing the Australian mining industry, involving different mining projects in Australia. On the other hand, others focus on analysing current mining laws by ignoring other legal instruments related to Australian mining, including the Mining Protection Act and the Mining Development Loan Act, and the unwrought precious metals trading law. The Australian small literature discussed in depth the issue of benefit sharing of genetic and non-genetic resources and issues related to the Redd+ project in the forestry sector, and had no connection with the mining sector. This study aims to assess the current problems in the Australian mining industry. It aims to understand the challenges facing Australian industry and how to address current legal and policy gaps through policy and legislative reforms. In addition, the study expressed community concerns about current challenges. It provides an in-depth analysis of current mining industry reforms and attempts to understand whether these reforms have truly addressed the benefits and concerns of the community in the mining industry's share of wealth.
Throughout 2017 we’ve seen a general uptick in mining markets, with volatility easing off across a numbers of key commodities as well as balance sheet reaching an improved position. But with 2017 drawing to a close it’s time for mining leaders to turn their thoughts to the challenges of 2018. Allen said that mining businesses are looking for to utilize new digital technology to support their effort to get better productivity or raise margins (Allen, 2011). But, adoption of this latest technology poses a number of serious challenges- foremost being their efficient integration into...