Craig Johnson's Blog

Natural resources boom — workers needed

Mine workers are in such short supply in Western Australia that The Wall Street Journal reported on a 25-year-old high school dropout earning $200,000 a year running drills underground.

The article also quotes the CEO of mining firm Rio Tinto that there is double-digit wage growth in Western Australia as well as other mining hot spots such as Chile and Africa. Increasing demand from China and other... More