“‘A new menace is lurking just around the corner,’ MRG warned, ‘the likes of which will shake the industry to its very core.’ ‘When asked about their views on retirement within the next five years, 46% of executives expect to retire from full-time engagements or expect to reduce their workload drastically,’ MRG observed. ‘With nearly half of all mining executive planning to have one foot out the door in the very near future, this represents a brain-drain, the like of which the industry has never seen and a cataclysmic shift in the demographics of boardroom everywhere.'”
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