Insight

Not enough geologists and engineers? - A review of the labour market for copper mines

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Report summary

Over the past decade mining labour costs have more than doubled across the major copper producing countries and represented 26% of the total mine site cost in 2012. In this insight we examine the drivers of labour cost inflation for six key copper producing countries; Australia Canada Chile Peru Democratic Republic of Congo (D.R. Congo) and Zambia.

What's included

This report contains

  • Document

    Not enough geologists and engineers? - A review of the labour market for copper mines

    PDF 514.16 KB

Table of contents

  • Executive Summary
    • Copper Production Outlook
  • Australia: putting on the brakes?
  • Canada: just not enough Canadians!
  • Chile: returning the profits
  • Peru: new projects, new opportunities
  • Zambia: where it pays to be a miner

Tables and charts

This report includes 15 images and tables including:

Images

  • Australia Mining vs Average Wages (Nominal Domestic Currency), and Consumer Price Inflation
  • Not enough geologists and engineers? - A review of the labour market for copper mines: Image 4
  • Canada Mining vs Average Wages (Nominal Domestic Currency), and Consumer Price Inflation
  • Not enough geologists and engineers? - A review of the labour market for copper mines: Image 6
  • Chile Mining vs. Average Wages (Nominal Domestic Currency), and Consumer Price Inflation
  • Not enough geologists and engineers? - A review of the labour market for copper mines: Image 8
  • Peru Mining vs. Average Wages (Nominal Domestic Currency), and Consumer Price Inflation
  • Not enough geologists and engineers? - A review of the labour market for copper mines: Image 10
  • Zambia Mining Wages (Nominal Domestic Currency) vs. Consumer Price Inflation
  • Zambia Copper Production Outlook (kt)
  • D.R. Congo Demographics (Millions)
  • D.R. Congo Copper Production Outlook (kt)
  • Copper production forecast for the top 15 countries (base case and probable)
  • Global Copper Production (base case & probable, kt)
  • 2013E Labour Costs as % of Total minesite costs

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