In 2011, there were only 178 graduates who majored in mining engineering, down from 700 in 1982.
Bloomberg reports that only 14 schools in the U.S. offer programs in mining engineering, down from 30 schools in 1982.
Graduating from the Kyushu Institute of Technology in 1960 with a degree in mining engineering, he discovered there was no work underground, so he joined what is now known as Taiheiyo Cement .
When he took over at Preussag in 1994, it was best known for its stodgy mining and engineering interests.
To start the process of developing Mongolian managers, he hired Mongolian engineers to come work in Wyoming and sent promising students to study mining and engineering at the University of Arizona.
China's universities churn out legions of science and technology graduates who specialise in subjects that have almost been forgotten in the West, such as mining or heavy engineering.
Congress included a few favored ones you might not think of as manufacturing--mining, oil extraction and engineering.
Besides its mining outfit, the company has an engineering division which makes machinery and foundry parts.
Clyde Blowers said the move was part of continuing investment in "mission-critical" engineering firms serving the oil and gas, power and mining sectors.
The exercise was also useful in that the data mining class includes both business students and those from the university's engineering department, among them graduate computing student Rosskyn Dsouza, who gained some new commercial insights.
No doubt, many of those workers will come out of U.S. mining schools, touting degrees in Earth Sciences, Mineral Geology, or Mine Engineering.
FORBES: Dig This: South Dakota Mining Grads Crush Harvard On Pay
Stephen Ball, chief executive officer of Lockheed Martin UK, owner of UK Seabed Resources, says the engineering experience of offshore oil and gas operations and the trend to rising mineral prices have now combined to make seabed mining feasible.
BBC: UK Seabed Resources joins deep-ocean mineral-mining rush
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