Yes, they aren't training new recruits, because it is costly &...

  1. 12,635 Posts.
    lightbulb Created with Sketch. 138
    Yes, they aren't training new recruits, because it is costly & take times to do so. So they rotate experinced staff from companies to companies, mine sites to mine sites. Sino projects for example, they move them around to Salomon FMG. Experience staff are always in demands... currently FMG is boosting Iron Ore production for 2013 as iron ore prices is on the rise again. China is stockpiling iron ore for 2013 regional developments & they are also flattening mountains to build a new city in the dessert. What I can see is WA will continue to be the backbone of Australian economy supporting its other sibblings. There is no slowdown mate. 3 things that will take off next year: WA properties, Iron ore companies & mining services tied to them.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.