Mining industry hit hard by COVID-19 as explorers suspend operations

ByRobin Bromby

While the newspaper headlines and television news cameras have focused on the thousands of workers in retail and services industries losing their jobs, the effects of the COVID-19 crisis have been creeping largely unnoticed through the ranks of the small cap miners.

The numbers of employees affected are, of course, far less dramatic than the closure of a large retail chain, and companies are reporting no health issues yet, but the disruption comes at a time when Australia is placing greater reliance on its resources sector to sustain the country’s standard of living.

For all the companies announcing over the past week, the safety and health of their workforce is cited as being paramount.

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