Mining Industry Update Q3, 2014

Mining Industry Update Q3, 2014

The global mining industry remains positive for growth and the industry’s demand for skilled people remains on an upward trend. Over the past 200 years bigger plants, bigger trucks, and even bigger blasts have taken over. This means tremendous career opportunities.

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Labour Statistics in the United States showed mining among the top ‘recession-proof’ fields which expanded during the past 5 years. Jobs expanded in mining, oil and natural gas industries by 60%, creating a total of 500,000 new jobs. Canada’s mining industry has come a long way since the discovery of coal now approximately 800 mining operations in Canada, producing more than 60 minerals and metals. The industry will need thousands of additional workers per year up to the year 2016. Mining is one of Australia’s largest and most dynamic industries. The Australian exploration and mining of minerals (including coal) is one of their most important industries. Mining in the Middle East typically takes the form of drilling for oil and gas. Oil has long been the mainstay of the UAE’s economy and current estimates say the country has oil supplies to last at least another 100 years. At 212 trillion cubic feet, the UAE is also home to the fourth largest gas reserves in the world. Australia is losing its competitive advantage over emerging miners in Africa, Asia and South America. According to the report, Chinese and Indian producers have an estimated 60 – 80% cost advantage in minerals processing.

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The mining industry worldwide is labouring to improve its appeal to women. In Australia, the industry is to increase women employees from the current 14% to 25% by 2020.


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