With reference to the crisis in mining in Australia that I touched on in my last article, one tends to forget that there is a massive ricochet effect of this crisis in Australia, which has affected many others who work in mining in countries worldwide. It not only those in Australia that suffer when Australian mining companies takes a turn for the worse, but areas as far away as India feel the pinch. I was saddened to receive the below from an Exploration Geologist in India, whose life has also been dramatically affected by what is going on in Australia. I also know that he is not the only one feeling this way.
“Your article on mining crisis in Australia was very nice. I know it because I have undergone same situation in India when our Australian based mining company shut down the entire operations. Lot of young Geologist like us had given 3 years of our career into the company and when it was shut we regretted a lot. Some thought maybe other government organisation jobs like banking etc. was a better option but since the age limit had crossed it was unavailable now.
The time period which is considered to be the period to learn and work the hardest gave us unemployment and days at home with nothing to do but worry about future and family. In India the labor cost is cheap (Unless you are hiring same cloth/staff with a fancy brand name) but still we faced the hard mining market.
It is said that mining market is cyclic, but seems like this wheel has stopped forever. Sometimes I felt that our education was of no use and I used that time to do something else (selling apples maybe) then it would have given me a better life. Being an educated jobless person hurts more than being just jobless. I feel the same thing for miners in Australia and know how hard it is to live in a country that is so expensive. However life goes on and many organisations took this opportunity to hire geologist at very low cost which is welcome opportunity for many needy people. Hoping that someday this would improve but maybe many of us would not be a geologist by that time (yeah plucking apples and selling maybe…)”
The reality is that when Australian mining companies go bang or have to start cutting back on operations in countries overseas, that there are thousands of local resources working for these companies overseas that lives are also shattered. The ricochet effect is terrible. Especially in countries like India, where local mining professionals can be very reliant on international mining companies in order to earn a decent wage.
It is really sad when qualified Exploration Geologists are not able to earn a living and have to spend their days worrying about their future and their families. These are people who have spent years studying, and invested a lot of time and effort into getting the qualifications that they have. And it is not just Geologists who are feeling the heat, there are many people worldwide who have invested their lives in careers in mining who have found themselves in the same position. Let’s hope that the mining wheel that the above job seeker talks about will start turning again soon, for all those in mining not just in Australia but worldwide.