Companies turn big profits which is good news for mining jobs in Australia

Mining companies turn big profits which is good news for mining jobs in Australia

mining

Mining jobs in Australia

In response to the resurgence of commodity prices, many mining companies have reported significant profit increases in the first have of the 2017 financial year which is great news for mining jobs in Australia.

Leading the charge is BHP Billiton, who recorded an underlying profit of $AUD4.22 billion for the six months to the end of December 2016, which is a massive improvement on the $US412 million it reported in the same period a year earlier.

Recovering from a $US866 million loss in 2016,Rio Tintohave also posted afull-year profit of $US4.6 billionwhich is a huge turnaround. The company said theirenergy and minerals division and iron ore operations were the biggest performers in this period whichthey believe is due to the surge in commodity prices, particularly coal.

In more good news, iron ore miner Fortescue Metals Grouphave also reported that net profit for the six months to the end of December 2016 increased to $US1.22 billion ($1.59 billion) andNewcrest Mining recordeda statutory profit of $187 million.

These are just four examples of how the mining industry in Australia is regaining pace in response to the lift in commodity prices. Majority of mining companies working in this sector in Australia have similar exciting results, which is great news for mining jobs in Australia.

What does this mean for mining jobs in Australia?

With commodity prices increasing, mining companies in Australia are all looking to increase their production turnover which will essentially keep lifting their profits. In many cases, to achieve this there will need to be an increase inproductivity. That’s why in recent months we have seen a resurgence of mining jobs in Australia, with hundreds and thousands of jobs hitting the market.

With commodity prices set to keep increasing, and iron ore prices reaching a two and a half year high, there is added security to mining jobs in Australia. So, if you’re looking to return to the industry or want to embark on a new venture, then you should start preparing yourself.

How to search for mining jobs in Australia

Call 0403 560 594 and speak to a Mining Career Consultant who can help you with choose the right mining course for entry level mining job roles.

Also – get your free mining jobs guide e-book. It’s full of the best information to help you find jobs in the mines, no matter what level of experience you have.

 

Learn more about the Bowen Basin mining location.

The Bowen Basin contains the largest coal reserves in Australia. This major coal producing region contains one of the world’s largest deposits of bituminous coal.

The Basin contains much of the known Permian coal resources in Queensland including virtually all of the known mineable prime coking coal. It was named for the Bowen River, itself named after Queensland’s first Governor, Sir George Bowen.

The Bowen Basin covers an area of over 60,000 square kilometres in Central Queensland running from Collinsville to Theodore and is dotted with many coal mines operated by multiple mining companies.

Caterpillar Haul truck 793

Caterpillar Haul truck 793

The 793F has a load cpacityof 226.8 ton (US) and a top speed of 60 kilometres an hour. It's a turbocharged air-to-air aftercooled diesel engine that has enhanced power management capability for maximum hauling performance. The C175-16 is a 16-cylinder, four-stroke design that uses long, effective power strokes for optimum efficiency.

The 793F, is an autonomous-driven truck. Over 100 793F trucks are now operating via Command for hauling, the Cat autonomous truck operations system, which is a part of Cat MineStar™

Read more about the CAT 793 automomous mining dump truck on our website.

Resources and Infrastructure Industry (RII)

Commonly refered to as Black Coal Competency (BCC), the RII competency is one that can be attained by an operator who has previously worked in the industry and has completed a number of operating hours on various types of machinery.

RII competency is granted to prove correct and safe operation of mine site machinery. It is a very useful qualification to have, as it confirms the operator has the required experience and expertise.

Find out more about RII Competencies here

You can transfer your nationally recognised civil Excavator, Front End Loader or Dozer tickets only to RII Black Coal Competencies.

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