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Did you know that the US faces a serious mining worker shortage? With over half of the mining workforce expected to retire by 2029, it's crucial that we find innovative ways to attract young talent to this vital industry. Check out this eye-opening article on CNBC that sheds light on this pressing issue: https://lnkd.in/esssWFJg I offer a suggestion to address the demand possibly. Mining companies partner with real estate developers to build amenities and foster a vibrant culture around mining communities. By collaborating with developers, the industry can create attractive living spaces, recreational areas, and community centers that appeal to young professionals. Another suggestion is to explore incentives for other businesses to develop properties in mining areas. By attracting diverse industries, the industry can create a thriving ecosystem that supports the mining sector and offers exciting career opportunities for young talent. This symbiotic relationship benefits both the miners and the businesses, fostering economic growth and job creation. It's time for the industry to embrace innovation as a means to attract and retain young talent in the mining industry. #MiningIndustry #Innovation #YoungTalent #GreenEnergy #FutureOfWork

The opportunity is extraordinary. By 2029, with a tsunami of retirements on the horizon, fully half of the nation’s mining workforce — some 221,000 workers — needs to be replaced. This great changeover is coming just as demand for mined materials is poised to soar.

Well-Being: The Untapped Competitive Advantage in Mining 1. Increased Innovation and Productivity: Research consistently shows that well-being directly correlates with enhanced innovation and productivity. In the demanding and dynamic environment of mining, where every edge counts, fostering a workforce that is both physically and mentally resilient can significantly drive progress and efficiency. 2. Sustainable Workforce Engagement: The future of mining demands not only technological advancement but also a sustainable and engaged workforce. Well-being initiatives grounded in positive psychology not only reduce burnout and turnover but also cultivate a culture of loyalty and dedication. Katherine Bush Consulting is pioneering these transformative well-being programs, tailor-made for the unique challenges of the mining sector. 3. Future-Proofing the Industry: As we move towards an increasingly competitive and complex global market, the mining companies that prioritize the well-being of their employees are the ones that will stand out. By implementing positive psychology practices, Katherine Bush Consulting is not just improving the present; it’s laying the groundwork for a more resilient, innovative, and successful future in mining. At Katherine Bush Consulting, we believe that the well-being of employees is not just a policy—it's a strategic imperative that drives everything from day-to-day operations to long-term planning. Let’s redefine what it means to be competitive in mining. #MiningInnovation #WorkplaceWellbeing #CompetitiveAdvantage #PositivePsychology #FutureOfMining

Released today, our Gen Z Perceptions of Mining Research revealed what motivates young people to consider working in the mining sector. Importantly, this research has empowered us with informed insights into how to promote the mining industry as a viable career choice among 15 to 24-year-olds.

There is no quick fix to improving #diversity in the #mining sector. To make meaningful progress, mining companies need an enterprise-wide approach across #culture and the employee life cycle.

Get your copy of the Gen Z Perceptions of Mining Research. Our Gen Z Perceptions of Mining report, developed in partnership with Year13, aims to better understand how young people perceive the mining industry and how to encourage more young Australians to pursue career opportunities in mining. The survey indicated that almost three-quarters (72%) of Gen Z respondents believe mining is important to a net zero emissions future. However, many have concerns about the rehabilitation of land (77%), use of renewable energy (69%), reducing/recycling mining waste and pollution (67%), and workplace culture (77%). Our CEO, Dr Gavin Lind said the research was undertaken to assist the broader industry in addressing workforce challenges and skills shortages. Visit our Gen Z Perceptions of Mining insights page for a full copy of the research https://lnkd.in/guBs7FRu or read the full media statement on our website https://lnkd.in/grF_-bZw #JobsandSkillsCouncils #AUSMASA #MiningNews #Mining #VETMining #Research #GenZ

The mining industry is currently facing a significant challenge - talent shortages. As the sector gears up for growth after a period of decline, it faces the harsh reality of an ageing workforce, a lack of new talent, and a breakdown in the executive replenishment cycle. This blog will explore the reasons behind these talent shortages, the implications for the mining industry, and potential solutions to address this critical issue. (read more) #philexmining #apexmining #silanganmindanaomining #marcventuresholdings #riotubanickelmining #discoverymines #leituomining #philmetexploration #sumitomonetalmining

🌟 Headline: Rethinking Mining Value: A Collaborative Approach for Shared Success The mining industry traditionally defines value creation by maximizing short-term shareholder profits. However, this approach overlooks a key factor: the interconnectedness of stakeholder interests. Our core belief is that by prioritizing the well-being of all stakeholders, companies unlock a path to sustainable long-term value creation that benefits everyone involved. Investors, employees, communities – these are not separate entities in the mining equation. Their success is intertwined. A happy, skilled workforce attracts investment. Strong community relationships minimize risk and social unrest. Responsible resource extraction ensures a sustainable future for all. Here's how a stakeholder-centric approach achieves this: 1. "Alignment of Interests": 🧭 When companies prioritize responsible practices, good governance, and meeting stakeholder needs, they create an environment where everyone's interests are aligned. This fosters trust and collaboration. 2. "Focus on Long-Term Value": 🔎 By considering the well-being of all stakeholders, companies can make responsible decisions that ensure long-term financial success, not just short-term gains. 3. "Maximizing Value for All": 🎪 A focus on stakeholders allows companies to optimize resource allocation and minimize risks associated with social and environmental issues. This ultimately leads to a more sustainable and profitable future for everyone involved. The question remains: is the industry ready to move beyond a narrow definition of value creation? By embracing a collaborative, stakeholder-centric approach, the mining industry can unlock its full potential and contribute to a more sustainable future. What are your thoughts on this concept? Share your insights in the comments below! #Mining #StakeholderValue #Collaboration #Sustainability #BusinessEthics #CriticalMinerals

The mining industry has a crucial requirement to retain its skilled workforce. Warren Beech examines various factors related to how mining companies both attract and retain employees within the sector, including the enforceability of restraint of trade and confidentiality agreements. #MiningIndustry #TalentRetention #RestraintOfTrade #ConfidentialityAgreements #GoldenHandcuffs #Employers #Employees #RelevantResponsivePractical https://lnkd.in/ducmJcNY

As Mexico’s regulations on mining concessions tighten, mining companies must prioritize environmental regulation compliance. This shift demands a resilient workforce with strategic skills acquisition and training. With the average mining skillset projected to change by 40% within four years, it's crucial to secure and train the right talent for roles in emerging areas like energy efficiency, predictive maintenance, and cybersecurity. Discover how a skills flexibility matrix can help identify and address skill gaps, ensuring successful mine expansions and change initiatives. Learn more in Unison Mining's Mining in Mexico 2024 campaign: https://lnkd.in/gfCvgZun Read our full article: https://lnkd.in/gkuQq_cA