Mining companies in Australia have expressed hope of reopening discussions about a controversial mining tax with the country's new prime minister.
Julia Gillard, who has been sworn in as Australia's first female premier, said she was "throwing open the government's door to the mining industry".
Her predecessor, Kevin Rudd, had slumped in the polls after proposing a 40% tax on mining profits from 2012.
Mining giant BHP Billiton said it was "encouraged" by Ms Gillard's comments.
"The industry has consistently been calling for the government to take the time to properly engage on all aspects of the tax, and we welcome the opportunity to do so," BHP said.
"We look forward to working with the government in this new way to find a solution that is in the national interest."
Mining shares in Australia closed higher, with BHP rising 1.3% and Rio Tinto up 1.7%.
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