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Mining in Sweden
09-26-2013, 08:49 AM
A german article about mining in Sweden. Dudes get 4k € monthly after taxes, but I guess the cost of living is rather high and live boring as hell.
Translate article wirth google (chrome)
Norway also has a insanely high average income compared to other European countries. I guess its their oil.
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Mining in Sweden
09-26-2013, 10:27 AM
Norway is rich because of their isolationism policies and their oil and mineral wealth; it isn't sustainable in the long term. Swedish mining isn't as profitable as you'd expect, because the country is filled with low quality minerals such as zinc and iron and is controlled by larger industries.
The Swedish Kronor is very strong, and things are expensive in the country (think $10 for a Big Mac Meal). It's a real balancing act, but let me tell you right now where to invest. Instead of mineral industries, invest in wind power in the Baltic Region.
It seems to be the place to put your money, because the governments of Baltic Region countries are all putting subsidies into renewable energies, and construction of these wind farms is currently booming.
Also because it's always windy in the region due to the ever-converging high and low pressure systems in the region (Siberian highs in the winter, Icelandic lows and Azores highs in the summer).
Check out the Estonian island of Saaremaa, and the Turku/Åbo Archipelago. Google Åbo skärgård for opportunities in Swedish, if you need good translating don't hesitate to ask me as google translate is straight terrible with Swedish. Also Ostrobothnia in Northern Finland/Sweden is up and coming, although it is slightly poor right now.
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Mining in Sweden
09-26-2013, 10:27 AM
Those mining towns are just 50 miles from the Arctic circle, are completely devoid of women and if you slack off the veteran miners will see that you end up as a statistic on the bottom of a mine shaft. These guys have a crippling work ethic, which is why most of the younger softer generation stepping up to fill the vacancies.
Cost of living is actually not THAT bad in these towns though(compared to Southern Swe).
It's good money but you need to know what you're getting into.
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Mining in Sweden
09-26-2013, 10:43 AM
Vicious, i think i found the video of the german workers there:
HAHAHAHA.
Quote: (09-26-2013 10:27 AM)Vicious Wrote:
Those mining towns are just 50 miles from the Arctic circle, are completely devoid of women and if you slack off the veteran miners will see that you end up as a statistic on the bottom of a mine shaft. These guys have a crippling work ethic, which is why most of the younger softer generation stepping up to fill the vacancies.
Cost of living is actually not THAT bad in these towns though(compared to Southern Swe).
It's good money but you need to know what you're getting into.
.
A year from now you will wish you had started today.....May fortune favours the bold.
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Mining in Sweden
09-28-2013, 09:39 PM
Canada has the same mining opportunities. They fly you into a remote mine for a few weeks at a time, then out for a few days off. Extremely boring, well paying, drug use is often a problem because its so boring...well until someone dies.
Underground shaft mining, for gold, is more dangerous but more engaging than open pit mining with giant dump trucks.
Canadian mineral investments are usually a good idea, my family is on the 3rd generation of mining investors seeing good returns. The natural resources rule of thumb is metals in a bad economy, timber in a good economy.
Why do the heathen rage and the people imagine a vain thing? Psalm 2:1 KJV