However, over the long haul, further easing may be necessary to support non-mining sectors of the economy.
His non-mining portfolio holdings also include 14% cash and 21% real estate investments, according to the Journal article.
Australia's central bank cut interest rates four times in 2012 in an attempt to boost investment and growth in non-mining sectors such as construction.
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Amid all these concerns, there have been calls for policymakers to take steps to help boost growth, especially in the non-mining sectors, to ensure that the economy continues to grow.
When the company began providing managers with support staff dedicated to the non-mining parts of the job, managers were freed up to spend more time on the decisions for which their skills were indispensable.
The mining association is a non-profit economic and industry group.
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However various non-governmental organisations and anti-mining activists have welcomed the proposed legislation.
Those considered to be strategic sectors are the energy sector in all its forms, non-renewable natural resources, transport, hydrocarbons, mining, bio-diversity, water and other sectors that the law may determine.
But we are more anxious, too, worried about our non-existent public debt, worried about what we will do when the mining boom is over, which it will be soon.
The Fraser Institute, an independent non-partisan research and educational organization based in Canada, releases an annual survey of the best mining jurisdictions in the world.
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The Bakries, backed by the independent non-executive directors, have offered to buy back Bumi Resources, leaving Bumi PLC with the Berau coal-mining assets in a deal that would leave shareholders with a loss of about 50% on their original investment.
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