kingcarmelo,RE: The whole 'slowdown of the mining sector' is...

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    kingcarmelo,

    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
 
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