According to an article by ABC News, Western Australia is experiencing what is being hailed as a "21st century gold rush".
A record value of $209m was spent on gold exploration in WA during the June quarter, fuelling demand for drilling services and placing pressure on a tightening labour market. Experienced drillers and geologists are current occupations in demand, with reported offers of $5000 spotting fees payable to existing industry personnel who attract new market entrants (retained for 3 months).
The increase in demand for exploratory drilling services is also impacting supporting services such as resources laboratories, with a 30% increase in sample processing services requested in this same period. The sudden influx in activity is driving occupational demand for sample preparers and placing pressure on the existing labour market pool.
Access the full ABC article to learn more.