The Fraser Institute’s annual survey of mining firms has ranked Western Australia as the most attractive jurisdiction for investment
Anglo American’s Gahcho Kué diamond mine in Canada. Picture: ALLAN SECCOMBE
The 2019 survey, released on February 25, placed Finland in second spot, Alaska in fourth and Portugal in fifth. The survey also highlights the increasing risk of environmental activism, especially in developed countries such as Canada. This can be seen by New South Wales slipping to 47th out of 76 jurisdictions for mining attractiveness in 2019, down from the 42nd spot, and Queensland dropping two slots to 15th place.Western Australia's climb to the top of the mining attractiveness index is mainly about iron ore, and to a lesser extent gold.
Rio is also still evaluating the Simandou iron ore project in Guinea, of which its owns 45.05% and is described on the company's website as a “world-class” deposit. The problem for mining companies is that the number of available projects in the top jurisdictions are limited. At the same time, some of the best deposits in the world are in places where doing business is risky.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘The people must come first’ – why Tshwane is under administrationThe rapid deterioration of the City of Tshwane while political parties are fighting was the main reason the capital city was placed under administration, Gauteng Premier David Makhura said on Thursday.
Read more »
Sophie Turner didn’t always like the Jonas brothers – here’s why!Sophie Turner recently got candid about her relationship with her husband, singer Joe Jonas.
Read more »
Chiefs coach Middendorp explains why Frosler had to be in the starting XI against PiratesKaizer Chiefs coach Ernst Middendorp has explained why he played normal right-back Reeve Frosler at left-back in Saturday’s 1-0 Absa Premiership Soweto derby win against Orlando Pirates at FNB Stadium.
Read more »
IN QUOTES | Former DA CEO Paul Boughey on why he left the partyThe DA’s former CEO, Paul Boughey, has talked about leaving the party and why he decided to join Herman Mashaba's The People's Dialogue
Read more »
Chiefs coach Middendorp explains why Frosler had to be in the starting XI against PiratesKaizer Chiefs coach Ernst Middendorp has explained why he played normal right-back Reeve Frosler at left-back in Saturday’s 1-0 Absa Premiership Soweto derby win against Orlando Pirates at FNB Stadium.
Read more »