There is a big fallacy in that article metal2 - I marvel that the editors would pass such nonsense. Any increase in resource sector jobs post May 2010 would have been in project pipelines for years - and IMHO would basically reflect a rebound in activity post the GFC. Building resource projects is a lot slower, a lot more hard work and risk than slapping on an ill thought out damaging tax. I think a much more relevant indicator for us right now is the decision by BHP late last week to freeze all project approvals for six months.
