Evidence of Downsizing in Mining Industry

Discussion in 'Markets & Economies' started by Dirtbikepilot, Sep 5, 2012.

  1. Dirtbikepilot

    Dirtbikepilot Active Member

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    Well I guess it had to come some day.

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  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    It's used to used to mine iridium. The percentage of iridium found in the Earth is only four-tenths of a part per billion so you don't need heavy equipment to extract it as there is not much of it.

    Furthermore, wages are cheap.

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  3. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Phew, i survived a 'restructure' that ocurred at work today. The GM 'restructured' his troops in qld yesterday and came down and did us in nsw today. The end result was 2 of the 5 of our section were told to leave by lunch. Not a good week but glad. I survived it so far. I guess l'll be running faster from now to pick up the slack.

    If you want to employ a smart, efficient girl that knows the legal issues in mining in the hunter valley area let me know.
     

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