The West Australian: The impending end of the Iron Boom.

"The Flame that burns twice as bright, Burns half as long." -Lao Tzu

A Somber and Forlorn air sweeps across the state of Western Australia today, along with many, many Australians nationwide keeping an eye expectantly on the major mining operations that have sprung up with the discovery of...

Pilbarium

(See Above, Banded Iron Formations, colloquially named "Pilbarium" with the latest major mining boom)

The sensational super-rich banded iron ore that not long ago skyrocketed several Australians and international early investors into notable wealth and consequential notoriety within the nation. has begun to run up short across several mining locations in Western Australia, Prompting early warnings of an Iron Crash in the Australian Economy and the world iron supply at large.

Some financial speculators and economists have stated that this worry is overblown and that the market will carry on with little impact as businesses divest from the 'Mining State' But that's cold comfort for the many people who fear the loss of jobs to the region could spark mass emigration of Australian business owners, and even Citizens.

Either way, as this chapter of Australian Mining comes to a close, Many hope that somehow, some way, there will still be riches in Australia's future to be found yet.

(This Article was brought to you by the Broken Hill Proprietary Group Limited and Associated Holdings.)