Play2win there is plenty of "dust" up here that you can eat mate.
We ship out about 1 million tonnes a week on the trains where I work.
About 50MtPa.
That's only 1 mine (albiet a large one).
Nice earner for the mining co, and also a nice earner for the workers up here and the government as well.
But this doesn't get all the debt slaves off the hook.
No no no, the debt slaves are going to be absolutely smashed next year as the world economic situation gets even worse that it is now, a LOT worse.
All these mines can be put on Care and Maintenance within a few days if things turn bad.
Then there will be lots of Cashed up Bogans, back on the dole queue with massive debts to repay and no cash coming in. Then we'll see how good it is living in Perth!
I've seen it before and it will happen again. Mining is highly cyclical we've just had a very sweet run over the last 7-8yrs especially, with only 1 short hiccup in 2008/2009.
