MGX 1.61% 30.5¢ mount gibson iron limited

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  1. 12,352 Posts.
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    Its become necessary to offer higher wages.
    "Is inflation coming to hit the hip pockets of Australia’s big iron ore miners?
    For years the big players have used cost discipline (and arguably advantageous bargaining positions when it comes to wages after culling thousands of jobs in the downturn) to keep their iron ore empires ticking along, with costs in the mid-teens for each tonne of ore mined."
    Thats changing
    " Western Australia’s resources sector may not be fully realized unless the state addresses a chronic shortage in skilled workers, according to a industry group."
    A good time to be a truck driver or shovel operator in the Pilbara.
 
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