Want a six-figure salary?
Looks like there is a mining jobs boom on the horizon in Western Australia that might just give you one!
Employers are looking for Australians to take up high-paying roles after a boom in mining jobs, according to Alex Chapman for the Daily Mail Australia and AAP. Looking for a mining job? Look no further!
- New mines are expected to result in a bidding war for workers across Australia
- Lucrative wages are expected to be offered as an incentive for moving to rural WA
- After a similar boom in 2006, thousands of workers were left searching for a job
- Automotive, construction and engineering workers are the most sought after
The announcement of three new iron mines means there’s a job boom on the horizon in Western Australia.
Three major mining companies – BHP, Rio Tinto and Fortescue Metals Group – are all building new mines at the same time, meaning there’s a bidding war for more than 6,000 construction workers, as well as mining engineers and automotive workers.
In this new round of growth, prospective mining engineers must be prepared to work in Western Australia’s remote Pilbara and Kimberley regions, where the iron ore projects are located.
Automotive, construction and engineering trades workers top the list for sought-after skills. That trend is being reflected in job ads which are considered a key indicator of which direction the market is travelling, the ABC reported.
SEEK job advertisements show the number of mining jobs jumped 40 per cent between March to May this year compared to the same time frame last year.
But while lucrative wages and other incentives will be offered, experts are warning that there’s always a bust after the boom.
This isn’t the first time that new iron mines in WA have created an abundance of new mining jobs. A similar situation happened after the mining boom in 2006.
During that time workers flew in from all over the country and abroad to earn the big salaries in mining jobs, but when the boom ended, thousands of workers were forced to move interstate again in search of jobs.
Experts believe this will happen again, with resources analyst Tim Treadgold telling AAP thousands of jobs would be created with the ‘asset replacement’ boom, but warned a bust would always follow a boom.
HOW MUCH WILL THE MINES COST?
- BHP’s $4.7 billion South Flank project will operate for 25 years and is expected to replace production from the 80 million-tonne-a-year Yandi mine, which is almost exhausted.
- FMG approved the development of its $1.7 billion Eliwana mine and Rio Tinto is expected to approve its $2.2 billion Koodaideri mine later this year.
- A LOOK AT THE AUSTRALIAN MINING INDUSTRY
The mining industry employs approximately 226,500 people, which is about 1.8 per cent of the total workforce.
- Over the past five years, employment in the industry has decreased by 14.3 per cent.
- The average wage is about $2,175 per week (before tax) for full-time employees.
- There are about 57,000 miners employed across Australia, with 93.9% being males.
- There are about 11,000 mining engineers employed across Australia, who are responsible for the majority of the preparation before mining takes place.
- ABS employment predictions project a growth in jobs in the industry of 5600 by 2022.
Information according to Labour Market Information Portal, courtesy of Daily Mail Australia.
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