tsang_main.jpg The talk of the recent AIMEX show in Sydney, attended by International Mining, was a report looking at the future of the Aussie mining industry that highlights just how much potential for growth remains, but also warns against complacency. The landmark report by ANZ Bank and economic consultants Port Jackson Partners, released exclusively to The Australian, and reported [...]
According to the Organization for Economic Co-operation and Development (ODEC) the combined economies of Germany, France and Italy will grow by under one percent this year. OECD forecast the US economy will grow at a 0.4 per cent annualized rate in the fourth quarter, while in Europe, the three largest economies (Germany, France and Italy) will contract by 0.4 percent over the same period.
Goldcoast.com reports: A new apprenticeship scheme, developed by the National Apprenticeships Program with support of the government and the mining industry, will be fast-tracking as many as 1000 people on the Gold Coast, Australia, into mining and energy jobs.
The scheme is targeting those who have relevant skills but no formal qualifications, including people who have partly completed an apprenticeship, permanent Australian residents with overseas qualifications, ex-members of the defence force and trades assistants from the construction and engineering industries.
Commodity markets were hit this week by shock news that the United States created no jobs in August, sparking speculation that the world's biggest economy could be heading for a double-dip recession. Analysts said the data bolstered expectations that the US Federal Reserve could soon decide to implement another round of quantitative easing -- dubbed QE3 by traders -- to help breathe new life into the struggling economy.
Gold for December delivery rose $50.10, or 2.7%, to $1,879.30 an ounce in midday trade in New York — within striking distance of the metal's $1,891.90 settlement record set a week and a half ago. The jump comes after data showed the US added no jobs in August sparking renewed fears that the world's biggest economy is heading back into recession. Gold benefited because the weak numbers could lead to new policy-easing initiatives by the US Federal Reserve – a previous round of stimulus injected $600 billion into markets. Not even talk of gold sales by European central banks to ease their massive debt burden could dampen the enthusiasm for bullion. Between them Portugal, Ireland, Italy, Greece and Spain hold some 3,233 tonnes of gold, worth around €130bn.
Stakeholders in the mining sector said they are targeting to create about two million direct jobs for Nigerians from the sector. Under the Progressive Miners Empowerment Association (PMEA), the miners said if about N200 billion is injected into the sector, it would be revived.
The company proposing to expand a bauxite mine in Cape York in far north Queensland says Cairns is in a good position to provide a 300-strong workforce during the construction phase.
Special Metals Corp. announced this weekend that it will relocate operations from Rockford, Ill., to Elkhart, Ind., creating up to 100 new jobs by 2014. The inventor and producer of high-nickel, high-performance engineering alloys will move its A-1
An electronics recycling company in Badin, Washington was talking Saturday to applicants for jobs at a facility that could employ as many as 200 people. A building that once was part of Alcoa's aluminum smelting operation is being upgraded to house an outpost of Electronic Recyclers International, said company president John Shegerian. "We use manual labor to take the screens out of the machines, and then start segregating the material," Shegerian said. "Then the carcasses all go into the shredding machine." He said the materials are then sold to manufacturers, which use the plastic, aluminum and copper to make new products. The only thing left to dispose of is a little dust. It's a process Shegerian calls "urban mining."
Recruiters in Western Australia are seeing a steady flow of people heading into the state in search of lucrative jobs in the mining industry, but they need to be realistic about the salaries they can receive and the training they need, Perth Now reports.
Recruitment agencies told The Sunday Times that highly skilled positions, such as heavy diesel fitters, drillers and boilermakers, were in shortest supply and workers with experience in most areas of the resources industry were highly sought after. Hays regional director Simon Winfield said people often thought they could get jobs on mines without any qualifications and were "misguided" about salaries.
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