As the mining industry converges on Kalgoorlie for the Diggers & Dealers Mining Forum, Worthy Auctions is pleased to share a snapshot of current market conditions and trends shaping asset sales and valuations across the sector.
Commodity Prices (in AUD):
-
Gold: $5,090/oz (↑8%)
-
Nickel: $10.55/lb (↓12%)
-
Copper: $8.42/lb (↑6%)
-
Lithium: $14.22/kg (stable)
-
Iron Ore: $145.83/mt (↓4%)
These movements reflect broader global dynamics, including tariff adjustments and shifting demand, but the outlook remains cautiously optimistic.
In the Australian machinery market, auction activity has remained steady. While listings have increased—particularly in mining regions like the Goldfields—realising full value requires strategic pricing. Buyers are selective, but well-presented and fairly priced assets continue to sell.
Supply chain recovery post-COVID has helped OEMs catch up on certain models, slightly easing pressure on availability.
However, cost pressures are mounting. Across the mining sector, businesses are experiencing rising expenses in labour, materials, and property. Industry forecasts point to continued growth in operational costs, driven by inflation and wage increases.
Despite these challenges, the market remains active and resilient. At Worthy Auctions, we’re committed to supporting clients through expert valuations, tailored disposal strategies, and real-time market insight.
🔗 Visit us at worthyauctions.com.au
📍 Or drop by our Kalgoorlie office during Diggers & Dealers to chat with the team.
