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Australian Mining Industry Cannot Fill Mining Vacancies

Released on = January 4, 2006, 1:00 pm

Press Release Author = miningreference.com

Industry = Accounting

Press Release Summary = The mining industry in Australia is currently facing a
skills shortage that has seen vacancies for skilled tradespeople such as
electricians and for industry-specific professionals such as mining engineers and
metallurgists, going unfilled. The output of the mining industry is being affected
by this skills shortage. The Mining Jobsite was launched to help the industry fill
these vacancies.

Press Release Body = FOR IMMEDIATE RELEASE
4 January 2006

Australian Mining Industry Cannot Fill Mining Vacancies

According to a recent report by the Australasian Institute of Mining and Metallurgy,
the resources industry in Australia is currently facing a skills shortage that has
seen vacancies for skilled tradespeople such as electricians and for
industry-specific professionals such as mining engineers and metallurgists, go
unfilled.

The report, "Education and Development of Expertise for the Resources Industry" was
from the First Extractive Metallurgy Operators\' Conference held from 7 - 8 November
2005 in Brisbane, Queensland.

"For example", the report states, "research suggests that the industry can only
source about 70 per cent of new metallurgists needed throughout Australia annually
(JEEMI, 2005). Likewise, the national demand for graduates in mining engineering is
also outstripping the national supply (JEEMI, 2005)."

A May 2005 Report from the Minerals Council of Australia states, "In 2004, the
Australian economy enjoyed circumstances that it had not experienced for an entire
generation-low inflation, relatively low unemployment, strong economic growth, and
rising commodity prices. A chorus of employers were reporting difficulties or an
inability to recruit and retain skilled labour. Support for this was found in the
government\'s Skilled Vacancies Index which reached a decade long high in 2004. In
the minerals sector this chorus reached a crescendo."

On 6th December 2005 an entire session was devoted to the skill shortages problem
within the mining and mineral resources sector at the Institute for International
Research\'s "Mining Logistics & Supply Chain Management 2005" Conference at the
Novotel Hotel in Brisbane. On 27th February this year the Institute is holding a
conference on "Contract Mining 2006" at which the problem of skills shortages is the
subject of the opening session.

Calvin Close, whose twenty years engineering experience in mining in New South Wales
gives him an expansive overview of the industry, says "This trend of demand
exceeding supply in the skills market has driven mining and mining-related companies
to the previously unprecedented position of actually having to engage in aggressive
searches for staff". Calvin Close entered the coal-mining industry in Newcastle in
1986 when, as he says, "The opportunities for employment in the mining industry were
just about zero - it was \'closed books\' for years!"

Mr. Close is the CEO of internet-based company tradereference.biz. Mr Close says
that his company stepped up to the challenge facing the mining industry by launching
The Mining Jobsite (http://www.miningjobsite.com) as an extension to their popular
mining portal, miningreference.com (http://www.miningreference.com). The Mining
Jobsite allows for mining companies and recruitment companies to advertise positions
vacant in the mining industry. The Mining Jobsite has been extremely popular with
job seekers, attracting over 25,000 visitors since the launch 5 months ago. Over
1,000 job seekers have registered on the Mining Jobsite.

For More Information Contact:

Roy Close
royclose@miningreference.com
http://www.miningreference.com

Web Site = http://www.miningreference.com

Contact Details = Roy Close

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