| Life in Australia's gold pits are not what it once was, but dealmakers in the ailing sector are ready to strike after betting on a turnaround. At the height of the mining boom, lorry drivers working in Western Australia’s Pilbara iron ore belt would have expected to take home something in the region of £100,000 a year in basic salary as China’s demand for commodities countinued unabated.
Nowadays, mining companies Down Under have even cut steak sauce off the menu and cancelled the free staff barbecues to cut costs. The days of mineworkers earning salaries and bonuses comparable to a fully qualified doctor are long gone...............................................Full Article: Source
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