The Australian Mining Industry - Shortage of Skilled Labor and its Expected Impact

Date: March 27, 2012
Pages: 6
Price:
US$ 500.00
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Publisher: GlobalData
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: AD9086F9803EN
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The Australian Mining Industry - Shortage of Skilled Labor and its Expected Impact
The Australian Mining Industry - Shortage of Skilled Labor and its Expected Impact

Summary

The mining industry of Australia is riding high on the mineral resource and mineral processing boom after recovering from the effects of the global financial crisis. According to the Bureau of Resources and Energy Economics (BREE), Australia currently has 102 major resource projects at an advanced stage with a combined value of $231.8 billion in total, out of which 40 projects are related to mining. BREE estimated that in the context of the aforementioned scale of investments, approximately 61,500 new jobs will be added by 2015, which translates to a growth rate of 4.9% annually.

Scope
  • The report provides a brief of the skilled labor shortage in the Australian mining industry and its estimated impact.
  • The report also talks about the possible reasons behind this shortage and remedial measures which may mitigate the risk arising from skilled labor shortage.
  • This is on the backdrop of a large number of projects in an advanced stage especially in western Australia.

Reasons to buy
  • Obtain an understanding of the skilled labor shortage in Australian mining landscape and its effects.

Keywords

Australia, skilled labor, shortage
1 TABLE OF CONTENTS

1.1 List of Tables
1.2 List of Figures

2 SUMMARY

3 THE AUSTRALIAN MINING INDUSTRY - SHORTAGE OF SKILLED LABOR AND ITS EXPECTED IMPACT

3.1 Labor Shortage in Mining Industry - A Worrying Bottleneck?
3.2 Factors Affecting Labor Shortage in Australia
  3.2.1 Sudden Boom in the Commodities Market
  3.2.2 An Aging Population
  3.2.3 Lag in Technical Education and Training
  3.2.4 Health Concerns
3.3 Western Australia Has the Largest Share of Mining Projects

4 APPENDIX

4.1 Abbreviations
4.2 GlobalData’s Methodology
  5.3.1 Coverage
  5.3.2 Secondary research
  5.3.3 Primary Research
  5.3.4 Expert Panel Validation
4.3 Contact Us
4.4 Disclaimer
4.5 Bibliography

LIST OF TABLES

Table 1: Australian Mining Projects at an Advanced Stage, October 2011
Table 2: Projected Employment in Mining Operations, 2015
Table 3: Number of Completions and Projected Completions in Higher Education and Domestic Undergraduate Courses for Engineering Fields, 2008 and 2014

LIST OF FIGURES

Figure 1: Australian Value of Advanced Resource Projects by Commodity, October 2011
Figure 2: Average Age in Australian Mining Industry Compared to All Industries, 2010
Figure 3: Australia, Value of Advanced Projects, by State and Territory, October 2011

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