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Old 14th Aug 2012, 09:34
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Cactusjack
 
Join Date: Aug 2009
Location: Lisbon
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Mining downturn coming soon

Any word on the second aircraft yet or has that been deferred?
I have a mate who is well positioned within Rio. Big plans underway to start closing some mines and making staff redundant. It won't be formal for a few months yet. They have already announced that Blair Athol is to close by years end. Perhaps JetGo won't need a second aircraft?

With China officially slowing down the inevitable writing is on the wall for some parts of the mining industry.

Last edited by Cactusjack; 14th Aug 2012 at 09:35.
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