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"The definition of an expert on this is someone who has been wrong three times in the past year"

Roy Hill Holdings chief executive Barry Fitzgerald says he's no expert when it comes to forecasting iron ore prices, though the Gina Rinehart-controlled Pilbara miner is expecting to hire a further 500 workers over the next 18 months as it continues to ramp up output and mining rates at the A$10 billion Roy Hill operation in Western Australia.

Mining at Roy Hill in Western Australia's Pilbara region

Mining at Roy Hill in Western Australia's Pilbara region

While Rio Tinto recently announced more workforce cutbacks (of the same order as Roy Hill’s proposed increase), Fitzgerald said at the launch in Perth of a Rinehart-back student education centre the company...

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