Investing in mining areas [Archive] - Aussie Property Forums

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freedomi

30-09-2009, 04:14 PM

Hi All,

I have only just started seriously looking into property and I am currently studying a property development course. It appears that a phenomenal strategy is buying and or developing in mining areas. Evidently the key is to buy at the start of the boom of a new location. The challenge as it seems is getting my hands on new info in relation to newly released mining sites and stats about size/employment opportunity etc. Can someone kindly assist me to where I may find such info?

Thanks
:)

steveljohn8

16-10-2009, 04:58 PM

yes you may find such inf on net by searching through google it will be really helpful to you.its nice subject and help out in order to buy property anywhere.

michlele21

09-11-2009, 04:47 PM

i agree. everything is on Google mate. just search it.

crikey

27-12-2009, 10:52 PM

jbocker

24-01-2010, 10:30 AM

hi folks - have had my eye on bowen basin - and now the tv news hads confirmed that COLLINSVILLE and SCOTTVILLE are about to take off !!! .. with clive palmer bossting things along !! ...can get great yeilds there 4 bdrm house for under 350k!! :)

Hello Crikey
I have a had a look on the net (and not getting much that convinces me), and I can see Collinsville mine and in one comment its mine end of life is June 2010! BUT that could be a 'contract' end date - difficult to clarify. Mine has been going 1919.
There is another new Sonoma mine nearby that I can see, 15 years life (@2008 - planned 200 workers).
To save me the pain of searching further you must know of other news, any tips on what will drive the take off. I dont live in Qld and havent seen the news.

Have you purchased anything yet?
Cheers
JB