WA ranked in top 20 for mining investment
The Canadian public policy research organization, The Fraser Institute, has released its 2010-11 survey, ranking Western Australia in the top 20 mining jurisdictions of the world for attracting investment.
This year, WA was ranked 17 out of 79 jurisdictions, up two places from last year.
Mines and Petroleum Minister Norman Moore said the results were pleasing, especially considering the uncertainty surrounding the Federal Government’s proposed mining tax.
“The State Government’s reforms to the approvals process have offered greater transparency and certainty for industry and this was reflected in the latest survey’s results,” Mr Moore said.
The survey also ranked WA as the most attractive Australian jurisdiction for mineral potential - ranking it at eight overall for mineral potential, compared to 19 last year.
The survey is available at http://www.fraserinstitute.org/research-news/research/display.aspx?id=17302