Mining

How to buy stocks in the Australian stock market

March 31, 2020 by Reporter Leave a Comment

The current stock market is in turmoil with a lot of volatility in share prices here in Australia, however there is a growing number of people who think getting in now could be profitable for them in the long term. So how do you get into the stock market ? How do you buy shares to take advantage of the current stock market tumble.

There are two different ways that you can get into the stock market and buy and sell shares

1. Sign up with bank share trading account that allows you to buy and sells shares

2. Sign up with a stock broker that specifically allows you to buy and sell shares.

There are other ways to buy shares like buying a bunch of blue-chip stocks or buying an ETF (which is also buying a bunch of shares) – but we will come to that later.

Banks as a stock trading buy and sell platform

Most big banks allow you to sign up with them for a stock trading account so that you can buy and sell shares. If you are already signed up with one of them, just enquire with them. Here is a list of banks that facilitate stock trading

1. Commonwealth bank ( Comsec – their share trading platform)

2. National Australia Bank ( Nabtrade – their share trading platform)

Below we give you further details about brokerage fees these bank charge and also prices for some popular dedicated share trading platforms.

How much money do I need to start trading the stock market?

Technically, there’s no minimum amount of money needed to start investing in stocks. But you probably need at least $500 — $2,000 to really get started right.

How do I make money in the stock market?

There are many ways to make money in the stock market, however the most simple method to understand this is when you buy a share today that cost you $500 , but its worth tomorrow is $600 and so you sold it – then you just made $100

To break that into much more realistic detail and give you an example

Eg. Say you got $500 to invest

Westpac bank shares are $15 each today, so you bought 32 Westpac shares

32 Westpac shares X $15= $480 + (add $10 bank fees for buying)

Total cost is $490 to buy the shares

Three days later (or six months later), there is a bit of recovery and Westpac share price rises and is $20 each share.

You had bought $32 shares earlier; you sell it today for $20 (that’s a $5 increase in the share price)

32 shares x $20 =$640 – $10 bank fees

You have $630 from your sell

Sell price $630 – Bought price $490 = Your profit $140

The bank does not charge you anything for holding the shares, but charge you for each buy and sell, which bring us to our next point -broker fees.

Now say if that investment was $5000 instead of $500 your profit could be $740 in one trade

How much does it cost me to buy and sell shares?

Every broker and every bank have different set of prices for buying and selling shares. It really comes down to ease of use, broker fees and availability of stocks to trade on each platform. Here is short comparison of some top bank and broker fees

Share trading fees – Banks

Commonwealth Bank – Comsec Fees:

For shares under $1000 in value – $10 each transaction

For trades between $1,000 and $10,000 – $19.95 each transaction

This is called the brokerage fee

Website https://www.commsec.com.au/support/rates-and-fees.html

National Australia Bank – Nabtrade Fees:

Up to and including $5,000 – $14.95 each transaction

From trades between $5,000.01 – $20,000 – $19.95 each transaction

Website https://www.nabtrade.com.au/investor/pricing

Share trading fees – Brokers

Two popular brokers apart from Banks are Self wealth and Ig markets. They both allow trading in Australian stocks as well as international stocks and CFD.

Self-wealth trading fees:

Brokerage fee for every trade, regardless of size – flat $9.50 (Only Australian Shares)

Website https://www.selfwealth.com.au/online-trading/

IG markets Trading fees:

Trading Australian shares – $8 per trade or 0.1% whichever is higher

For US markets – US$10, or 2 cents per share

Website:https://www.ig.com/au/charges

With IG markets you can do Australian and US stock market trading and also trade in CFD’s for which you have to sign up separately with them.

Other share trading platforms worth mentioning are ANZ share trading, Bell Direct and CMC markets.

Most banks and stock trading brokers provide additional data and tools for company and stock analysis, creating watchlists, setting price alerts, creating specific set price buys and more. Features offered can differ from platform to platform.

With Comsec and Self wealth – All trades are CHESS sponsored

There are two ways for shares to be held:

CHESS Sponsored Shares – Shares that are registered with a stock broker (CommSec or another broker). CHESS Sponsored Shares are allocated a Holder Identification Number (HIN) by the broker.

Issuer Sponsored Shares – Shares that are managed by the issuer of those shares via the issuer’s Share Registry. Issuer Sponsored Shares can be traded through any broker, providing conditions set out by that broker are met. Issuer Sponsored Shares are allocated a Security Reference Number (SRN).

In reality it does not make much difference to your trading profit, if it is chess sponsored or issuer sponsored.

Risky Stock Trading with penny stocks

There is a difference between big companies and small companies (smallcaps) and with small companies come more risk in comparison with blue chip stocks like BHP, Westpac.

Some traders can get lucky and pick a small company stock that can become a winner.

Take for example FMG – Fortescue Metals Group (iron ore miner)

This stock was once trading for between $2 and $3 – Today the price is $10

Say you dropped $5000 when it was $2, so you got 2500 shares of FMG

You sold it when it reached $10 today x 2500 shares=$25,000

You just made $25,000 from $5,000, however this is very rare- though people have gotten lucky with their stock picks and made money.

FMG was once a small cap with lot of debt and considered risky, but now they have paid up their debts and are considered much safer than they were before.

ETF’s

Another popular method of buying into shares right now is called ETF’s . With buying an ETF you have options like buying into a group of shares where you can also invest by putting money in a regular basis as low as $50 a month/week. Some providers/brokers also allow you to invest in ASX 50 or a lumpsum into a group of blue chip stocks.

ETF’s are available through bank trading platforms

Learning how to trade the stock markets is essential, before you decide to have a punt on your hard-earned money.

The stock market can make you money, but it can also take your money and put you at a loss. Doing dummy trading, joining stock trading groups and researching companies for three to six months is a good idea before jumping right in. Good luck!

Article written by Jeff – I blog about stock trading – Check my stock market blog over here

IOR Petroleum: The Best Australian Fuel Solutions & Services

May 13, 2019 by Reporter Leave a Comment

If you have come into contact with IOR Petroleum, then you know that it is not an exaggeration when the business is named as the best in the oil and gas industry in Australia. The family-owned business has proven its dedication to the community making sure that their customers are able to refill their gas from most parts of the country as they journey forward.

History and Ownership of IOR Petroleum

The business is a partnership between Stewart Morland and Ross Mackenzie whose passion for customer service and industrial innovation has led them to be the best in fuel transport services. In 1984, they came together to construct the Eromanga Oil Refinery in Eromanga, Queensland. Later on, they expanded it to the now known business which is a 24-hour diesel stop, with over 70 diesel stops currently across Australia.

Their Customer and Community Focus

A good business is one that can relate with its customers, and IOR does it quite well. The locals run Their diesel stops in the towns which the diesel stops are located. This helps the people around feel a sense of belonging when relating to the business. The depots serve customers with various needs such as farming, transport, mining, local councils, and oil and gas.

Some of these customers have signed as partners of the business, giving IOR the chance to offer cost friendly fuel for the advancement of the communities. Because of their knowledge and skills, they have partnered with companies in the oil and gas industry, helping them to come up with drilling solutions that are not only convenient but also safe.

Fuel Services

The business not only offers 24-hour diesel refills in their stops; they also do fuel delivery, pumping, and fuel management. They are also relevant in aviation fuels, supplying jet A1 and high-quality Avgas fuels. IOR takes the responsibility of storing and managing such fuels to make their client’s work easier. The clients only need to order the quantity they want, and it is conveniently delivered to them.

For those who supply bulk fuels, the business is kind enough to help them find qualified drivers for fuel transport solutions. As part of the bulk transport services, there is a client’s portal where clients log in to track the movement of their order and also get all records from previous transactions.

IOR Petroleum’s Tech and Equipment

No business can keep afloat in the 21st century without embracing technology. IOR has some of the most modern equipment in the oil and gas industry, making them offer services that are over the top. Their tank monitoring systems have gauging systems allowing one to track the level of fuel in a tank without having to dip check.

Their high-dip tracking systems enable their clients to monitor how employees dispense oil to customers from anywhere in the world. IOR also has frac tanks which can be used in places where water storage is temporary.

Safety Measures

IOR is not only providing fuel transport services but also pays keen attention to safety in line with the business, the community, and customers. Their fleet is upgraded continually to make sure that it is environmentally friendly, and their tracks have safety impacts.

Fuel deliveries are done by fleets that have been inspected for high levels of safety. The diesel stops and fuel depots are also continually upgraded hence improving on safety measures and customers experience.

Conclusion

IOR is a business that covers all its basis in perfection hence offering the best fuel transport solutions. From equipment, technology, service and customer relations, they have upgraded the oil, fuel and gas industry in Australia. Everyone associated with the name is never disappointed.

About The Author:

Caroline Bird is a creative writer and digital marketer. She loves sharing her perspective, tips and how-tos related to home improvement, productivity, business, technology, and SEO through her writing. Connect with Caroline via @bCarolinebird12

9 Considerations for Choosing Right Home Generators

April 29, 2019 by Reporter Leave a Comment

Photo © Ryan Tauss on Unsplash

To choose the right home generator is like selecting a quality and new refrigerator or dishwasher; you have needs and you simply want the best. For this reason, you may end up perplexed and confused. Nowadays, there are a number of generator types coming from different retailers and manufacturers in various models, shapes, prices, and sizes.

When choosing generators for home, it is very important to read and research between the lines; these items can put your family at risk. Here are top considerations when choosing what backup power solution works best for your lifestyle and home.

1. Sound Levels

Check the sound decibel and ensure the unit muffler is great quality. A loud and noisy generator will interrupt your family’s favourite program or disturb at night. Simply put, it will not allow your family to enjoy home comforts. Most reputable and good quality standby units sound like an air conditioning compressor or quieter. Purchase models which feature a great quiet mode.

2. Its Cost and Functions

Do you opt to pay extra cash for a premium brand generator or save cash and purchase a cheap budget brand? It is important for you to beware of the company’s leadership and reputation to ensure that you are purchasing a quality generator from a trusted dealer. Cost is usually dependent upon how big your home is, what circuits you want to back up, and your location.

Examine if the generator has its own programmer controller, which allow hands-free operation. The controller makes the unit to be user-friendly especially for the busy homeowners as it acts as the brain of the unit and sends an alarm when it requires maintenance.

3. Fuel Supply

This is a vital part of choosing a home generator. The fuel type should depend on factors such as affordability, accessibility, environment impact, shelf life, and storage safety. Some of the commonly used fuel types include:

· Diesel

Diesel generators require less maintenance, they are fuel-efficient and least flammable. However, they are louder because of the powerful compression ignition and response. Diesel cannot be stored for too long.

· Gasoline

Gasoline is highly accessible and it’s the most typically used. Even so, it is highly flammable and it has a short shelf life.

· Propane

Propane is safe to store and it is a clean fuel. However, it is highly flammable and it is more expensive.

4. Warranty

It is important to consider warranty offerings as well as seals of approvals. A generator company that is most reputable and trusted will offer you warranty flexibility that suits your budget and needs.

5. Generator Sizing

The engine is the heart of the generator. Larger size generators use liquid-cooled engines while smaller ones use air-cooled engines. Consider purchasing an engine built for heavy-duty unit usage. A quality home electric generator has a better engine that has long intervals, and it requires an oil change after every 200 hours or longer per service.

6. Ease of Installation

Consider choosing generator systems with pre-wired transfer switches in order to make it easier for a qualified installer or DIYer.

7. External Shell

Do not overlook the generator’s external shell. The external casing should have easy access for servicing. Consider choosing hinge enclosers and not bolted enclosers. Additionally, rust-resistant shells are the best for they are durable.

8. Weather Protection

Standby home generators with protected control panels are the best for homeowners that are planning to place their units near the windows.

9. Portability

If you love to do some renovations or rearrange your home furniture, you can choose to purchase a portable generator. They come with a transport trailer or wheels.

About The Author:

Drone Use in Remote Inspection – A Growing Application of Cutting Edge Technology

December 5, 2016 by Reporter Leave a Comment

Drones have long been popular as an aerial photography tool for real estate, helping to sell properties with a unique perspective or location advantage. However, drones are becoming more and more useful a tool for remote inspection.

Drones are the safest method for asset and remote inspection, and statutory audits within the mining, bulk materials handling, and construction industries.

Specialising in the latest drone solutions, two Australian companies have given mining, heavy industry and construction a much faster and safer means to inspect or audit dangerous and inaccessible areas via the use of innovative drone technology.

SOTO Consulting Engineers and aerial photography specialist, Flying Robot, use remotely piloted aircraft (drones), with inbuilt redundancies and the latest in imaging tech to carry out inspections. Multirotor drones allow remote inspection from a distance, eliminating reliance on larger teams of personnel, without the need for rigging or scaffolding and the inherent dangers and man-hours required for both.

In addition, the time-saving benefits offer a more streamlined and consistent process with clear, objective results. It also delivers value to plant proprietors through significant cost savings and the near-elimination of shutdowns for plant audits.

The drone is operated remotely, at a safe base on the ground, by a fully certified Flying Robot pilot alongside a SOTO engineer viewing a FullHD monitor in real-time during the inspection exercise. The safety implications of a two person team are wide ranging, however, the result of using a skilled pilot in combination with a qualified engineer directing the image capture also ensures that the results – whether they are thermal images, high-resolution digital still images or video – are informative and effective tools for audit.

There are multiple drone options available, depending on the structure to be inspected, the surrounding space allowance and the required quality of images produced – anything from 16MP to 42MP in still images is possible. Drone manufacturers have even begun designing and producing specialised inspection aircrafts to accommodate this growing industrial use.

Structures already inspected by the team include bridges, exhaust stacks, roads, elevated conveyors, transmission lines and water towers, however this list is by no means the limit – Flying Robot and SOTO can tailor an inspection drone to meet almost any requirement. Cameras can be attached to the drone either via a top mount or bottom mount camera and whilst standard images are the most common requirement, 180 degree panoramas and full, 360 interactive images are becoming more popular to allow plant operator to gain deeper insight into structures.

Mobile cranes have revolutionised the construction industry

August 20, 2015 by Reporter Leave a Comment

Ever thought of what was the world was like before we were able to lift construction equipment mechanically? Well, you’d probably have to go back a very long way to reach that point. For all we know, prehistoric peoples might well have invented some sort of leverage device to relieve their aching backs from the strain of lifting boulders and dinosaur carcasses.

We do know though, from excavations at ancient sites, that the ancient Greeks and Romans certainly had quite sophisticated crane-like tools, including winch and pulley systems, which were probably used to lift the heavy stone blocks necessary for building temples. Structures built by the Greeks, like the Parthenon in Athens, show what good uses they were put to.

The Romans who followed came up with their own variations, which allowed one person to lift up to 150kg. They also devised the treadwheel, a device whereby just two men could lift up to 6,000kg. This allowed them to build structures like the Colosseum in Rome and the mighty Septimius Severus Arch in Libya.

To understand the development of mobile cranes though, we have to look to the Industrial Revolution of the early to mid nineteenth century. This period of rapid technological development and expansion accelerated the steps towards the kind of machinery that we would recognize in the mobile crane hire industry today.

The demands of the Industrial Revolution

The Industrial Revolution began in the United Kingdom but quickly spread to the United States and Western Europe. It heralded the introduction of new manufacturing processes, including the move from hand production to machine generated products, and the advent of new chemical manufacturing and iron production processes.

These advances were aided by the increasing use of steam power, which drew on fuels such as coal. The first steam-operated cranes were developed by a German company in the 1830’s and started to be mass-produced in the 1840’s. They dramatically decreased the number of men needed to operate lifting machinery, and also increased the load such equipment could bear.

In 1838, the industrialist William Armstrong designed a hydraulic water powered crane for loading coal onto barges at the quayside in Newcastle, U.K. It was so successful that his company immediately received orders, for the same model, from the city of Edinburgh, Northern Railways and Liverpool docks. By the early 1860s, Armstrong was employing 4,000 workers and producing over 100 cranes per year. One of his products, commissioned by the Italian Navy in 1883, was still in use in Venice up until 1950s and is still in situ today, although it has fallen into a state of disrepair.

Mobile Cranes

A major problem with the nineteenth-century cranes, however, was that they were static, and so relatively inflexible. Eventually, manufacturers started to fix the structures onto flatcars (railway rolling stock consisting of a flat deck mounted on a pair of bogies), which gave some limited movement. But it would take the involvement of the internal combustion engine, in 1922, along with the invention of telescopic jibs, to really start revolutionizing things in the construction industry.

To cope with the increasing demands of post-war reconstruction and rebuilding work in the early-1950s, a group of men, namely crane expert R.H. Neal, hydraulics genius F.Taylor and designer Bob Lester, came together to create the first of the modern-style industrial cranes with fully telescopic booms, followed some years later with versions that also included a four-wheel drive capability. And so, the truly mobile crane was born. Over the years it has developed and evolved into many forms to meet the demands of modern construction, which requires equipment to be both robust and also as flexible as possible to complete the huge variety of jobs it is required to undertake.

Today, skylines dotted with the cranes, from Kuala Lumpur to Dubai, are a sign of that city’s popularity and prosperity. The workhorses of modern construction have become powerful symbols of success.

The Worlds Biggest Marine Diesel Engines

April 12, 2015 by Reporter Leave a Comment

Marine technology has taken some highly innovative steps over the years. Diesel marine engines are by no means an exception to this fact. With the demand for internationally shipped goods and marine luxury travel increasing every day, the need for powerful marine engines to power these grandiose ships has become more and more imperative.

Here we illustrate some of the world’s biggest engines available. Although you may never need one this size, it’s interesting to note the developments in diesel engines, and you can clearly see how far technology has developed within the field.

Rudolf Diesel (1858-1913)

Born in Paris in 1858, Rudolf Diesel was an engineer best known for the invention of the diesel engine that he first successfully operated in 1897.

In 1900, Diesel first ran his engine (AKA the compression-ignition internal combustion engine) at the World Exhibition in Paris. The engine was, back then, run entirely on peanut oil, an accomplishment that to this day is highly praised by technicians and engineers across the globe. Rudolf Diesel officially patented the engine design on February 28, 1892.

Diesel died tragically on Sept 29th, 1913 when he disappeared from the Steamship Dresden while travelling from Antwerp, Belgium to Harwick, England. On October 10th 1913 his body was recovered from the English Channel. To this day, his death is considered one of history’s great mysteries. Although Diesel’s death was deemed a suicide, many believed and still believe that he was a victim of foul play.

Since then modern technology and engineering have substantially improved his original design into the massive marine diesel engines used in today’s cargo ships, submarines and locomotives (to name a few).

Wartsila-Sulzer RT-flex 96C

This two-stroke, turbocharged, low-speed diesel engine was designed by Finnish manufacturer Wartsila, specifically for large container ships that run on heavy fuel. The Wartsila- Sulzer RTA96C is currently the world’s largest reciprocating engine in the world.

Put into service in September 2006 aboard the Emma Maersk, it’s common-rail technology along with a traditional camshaft, chain gear, fuel pumps and hydraulic actuators provides incredible performance at impressively low resolutions per minute, as well as low fuel consumption and much lower harmful emissions.

The Wartsila-Sulzer TF -flex 96C weighs in at a whopping 2300 tons and is 44 feet tall and 90 feet long.

M32CV

Introduced in 2000 the M32CV engine is available in both 12 and 16 cylinder versions. The engine boasts both a bore of 320 mm and a 460m stroke able to cover a power range of 6000-8000KW in the 750 and 750-rpm ranges.

MAN 48/60

The MAN 48/60 medium speed turbo diesel engine is a technologically advanced engine. It is typically used as a propulsion or power generation unit in large marine vessels. This engine is close to 10 meters long, weighs in at approximately 120 tons and holds an impressive 8400-kilowatt rating.

One of the many innovative features of this mammoth sized diesel engine is that one the 48/60’s seven cylinders have the ability to be converted to handle natural gas.

Choosing the right diesel engine/motor

Choosing the best possible diesel engine or diesel motors depends entirely on the size and weight of your vessel. Whether you are planning to haul large cargo via marine vessel, building a large cruise ship or simply want to add the best in marine diesel engines to your vessel, then it is important that you research an engine that will provide you the longest possible life.

Luckily, in today’s Internet-based world there are many options and reviews available to assist you in your purchase. Find a reputable supplier who can give you good advice and you’ll soon settle on the right engine for you.

Strugglestreet in Australia as Unemployment hits 12 year high

February 13, 2015 by Reporter Leave a Comment

Unemployment figures in australia has never been more worse with Unemployment surging to 6.4 per cent, its highest level since August 2002.

In Australia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.Australia’s top statistical data agency, The Bureau of Statistics estimates that the jobless rate jumped from 6.1 per cent in December to 6.4 per cent in January.

A record 12,200 jobs are estimated to have been lost in January and there is growing concern about the economic outlook. The dollar touched a low of US76.26c last week, struck after the RBA cut interest rates for the first time since August 2013.

Things are looking grim with not only jobs being lost, but the mining industry also being hit hard, particularly the iron ore industry.The price of iron ore — Australia’s largest export — more than halved in value last year, and was 67 per cent below a record high of $US191.70 stuck at the peak of the mining boom in 2011.

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At 6.6 per cent, Victoria’s unemployment rate is now level with that of Tasmania, which is slowly recovering. Only South Australia has a higher rate, at 7.3 per cent.

Is Silver Surpassing Gold?

January 24, 2013 by Reporter Leave a Comment

Some long-term silver analysts are predicting a huge run on silver over the next few years. They also believe that the gap between the price of gold and the price of silver will be narrowed significantly. These silver bulls base their projections on historical data as well as current trends. This is good news to those of us that are fond of buying silver. After all, considering the price of gold, silver is one of the few remaining commodities that the average investor can physically hold in any large quantity. So why are these silver bulls so optimistic? Most likely it’s related to the driving force of all commodities: supply and demand.

Supply Gold & Silver

For the first time in the history of modern mining, many of the world’s leading mines are coming up empty. It is estimated that 95% of all silver ever produced has already been consumed and unfortunately most of it ends up in our landfills. If the current supply of silver were evenly distributed among everyone on earth, there would only be enough for each of us to have 1/3 of one ounce. For many years now, the world has been using more silver than it has been producing, yet many people continue to assume that silver is abundant. That hasn’t been the case since the industrial revolution. Major government stockpiles from the past have slowly been sold off for industrial use. For years now the annual global mining production has not been able to keep pace with consumption, both investment and industrial.

Industrial Demand

As opposed to gold’s limited industrial applications, there are literally ten thousand industrial applications for silver.

It is essential to the production of medical, telecommunications, computer and automotive equipment, to name just a few. Silver has many useful qualities; the most valuable to the manufacturing sector is its unsurpassed qualities as a conductor of electricity. As electrical power continues its growing dominance around the globe, the industrial demand for silver is expected to continue to grow dramatically as well. Also, considering China’s mammoth appetite for precious metals that are essential to its continued dominance of product manufacturing, many insiders are projecting an even steeper rise in demand in the short term.

Investment Demand

Just like industrial demand, investment demand for silver is also at record levels and growing steadily. As more and more investors continue to embrace precious metals, many of them are seeing the incredible potential of silver. According to Bloomberg News, investors currently hold over 18,000 tons of silver-backed exchange-traded products, which is the equivalent of over eight months of global mining output. Morgan Stanley and Barclays PLC are predicting that investors will likely buy another 500 tons in 2013. Another sign of growing investment demand is the incredible popularity of the U.S. Mint’s silver Eagle coin. The mint is barely able to keep up with demand and there have been several occasions recently when the mint had to ration sales.

Even though gold continues to perform well and will likely remain the dominant precious metal for investment purposes, silver is likely to close the gap considerably in the very near future. When you consider the dwindling supply and growing demands from investors and manufacturers, you can begin to understand why the silver bulls are so optimistic.

Author Bio:

Jacob Harrison is a precious metals investment specialist from Australian Bullion Company, Australia’s oldest privately-run precious metals wholesaler and retailer.

Mining FIFO Careers and Jobs

December 6, 2012 by Reporter Leave a Comment

The mining industry worldwide, including all the way over in Western Australia and Queensland has increased at such a fast rate that there is a constant demand of workers. For those thinking about what industry to get into, have a look into the mining field. Here are just a few reasons to start a career in mining.

5 Reasons to Start a Career in Mining

1) Good salary

Money is not everything in a job but many roles in mining allow you to earn a decent salary well above minimum wage. Combined with the relocation package, there are some great benefits to working in mining. The hours can be long but employees are often rewarded with days off in lieu allowing them to spend more time with the family.

2) Travel

If you are one that enjoys travelling, the mining industry is for you. Those working as professionals in the industry move from place to place not just within the country you are based in, but all over the world where there are mining areas. There are many expatriate all inclusive packages, meaning it is very affordable and financially beneficial to move to a different location.

3) Change jobs easily

Mining allows you to develop your career in different fields. You can start off as a graduate and then branch out into different areas of mining. There is always the potential for training the different tools such as driving the big diggers, using the commercial generators and handling other large machinery. There is also management training on offer to those who climb the ladder gain more experience in the field.

4) Secure

At the moment there has been a huge growth in the mining industry. The training you receive will allow you to build up experience in all parts of the field. Having solid experience in the industry, means if there was ever a need to change jobs, then the skills gained can be easily transferred to another job.

5) Build up air miles

This may not normally be that people think of in mining, but if you are in fly in, fly out (FIFO) then you will be using the planes a lot. This will give the opportunity to collect a lot of air miles and then be able to use them when you next go on holidays. Flying in and out can mean that you are away from your home for up to 4 weeks at a time but you will also be able to have a lot of time off where you can then use your air miles for a free holiday.

Peek at the Gina Rhinehart video

September 5, 2012 by Reporter 1 Comment

Make of this video what you like, but it definitely it raises many questions.

PM Julia Gillard have personally criticised Gina Rinehart, the world’s richest woman, after Gina Rhinehart said Australia is too expensive for companies to do business and made comments about african cheap labour and compared it to Australia.