WA Still Australia’s Most Attractive State For Mining Investment…
Western Australia has been identified as Australia’s most attractive state for mining investment by the Canadian think-tank the Fraser Institute. The Fraser Institute’s annual survey ranks 104 areas around the world, considering points such as government policies which deter or encourage exploration and geological attractiveness.
- In 2016, WA was ranked first in the world by the Fraser Institute. In 2017, it is ranked third behind Saskatchewan and Manitoba in Canada.
- Queensland is the only other Australian state which ranks in the top 10. It has moved from 16th to 10th in 2017.
- Australia and Oceania outranked Canada and the US in being given the title of the most attractive region for investment, when considering mining potential and government policy.
- Ranked from 4th to 10th in the annual survey were Nevada (United States), Finland, Quebec (Canada), Arizona (US), Sweden, Republic of Ireland, and then Queensland.
- NSW has dropped for the 5th consecutive year, moving from 51st in 2016 to 66th in 2017.
Read more about this topic on the Australian Mining’s website.