Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
A recent survey conducted by resource and energy sector HR firm EarthStream shows mining professionals around the world expect major salary gains in the upcoming year.
65% of mining professionals surveyed expect raises of over 15% in the next year, with nearly one fifth of survey participants seeking salary increases of over 35%.
Geologists in particular are highly optimistic about short-term remuneration gains, with 39% seeking rises of 25% or more.
The survey polled over 2000 professionals around the world working in the broader mining sector.
The heady optimism of mining professionals with regard to near-term remuneration levels could place further pressure on mining companies already beleaguered by uncertain commodities prices.
3 Comments
ObiWanWotan
The cause is chemistry – better living thru chemistry – smoke borne chemicals in particular, although, certain baked goods produce legendary optimisms as well.
Sabatha
What’s the cause of this optimisim? Is it possible to see a geographical or sector breakdown?
Vincent Dumisane Mposula
we also have to look at how mines can adapt HR Graduates and make them part of the business plan.