RE: The whole 'slowdown of the mining sector' is overrated IMO
IMO, you have made a wrong call, many lost mining jobs will not return to W.A. and other parts of Australia for another generation - if ever. In most cases, a market lost is a market lost for ever.
Caterpillar calls 2013 ‘painful’ as mining downturn continues 14 days ago ?October 23, 2013
Caterpillar closing another mining equipment facility Nov 4, 2013
Caterpillar sees no signs of improvement on the horizon. October 23, 2013
The downturn has led Caterpillar to cut more than 13,000 jobs companywide over the past year
