Queensland Mining Companies to Trim 500 More Jobs in 2013

Platts reported that Queensland based mining companies are expected to trim 500 jobs in 2013, according to a new report from the Queensland Resources Council.

As quoted in the market report:

The CEOs singled out the Australian dollar’s relatively high exchange rate to the US dollar, increasing numbers of industrial disputes, and higher input costs “with no significant recovery in minerals prices expected in the foreseeable future,” as the most pressing challenges facing Queensland’s mining industry.

To view the whole Platts report, click here.