Mar 22, 2018 Last Updated 10:48 AM, Mar 21, 2018

New Entry From the Editor :

Glencore acquires $1.7 billion Hail Creek coal mine as rivals exit the industry

Glencore acquires $1.7 billion…

AusBN - Glencore will purchase Rio Tinto’s Hail Creek coal mine in Qu...

TPG Telecom H1 profit dips 11% to under $200 million

TPG Telecom H1 profit dips 11%…

AusBN - Telecommunications firm TPG Telecom has posted a first-half net pro...

Australian junior Raiden Resources strikes momentous deal with Rio Tinto

Australian junior Raiden Resou…

AusBN - Raiden Resources (ASX:RDN) will enter a joint venture with Rio Tint...

WA remains best region for mining investment in Australia

mine4ABNAusBN - Western Australia has upheld its reputation as Australia’s capital of mining, despite being bumped down from first to third in the latest Fraser Institute rankings for best global mining investment destinations.

The state has been overtaken by Canadian provinces Saskatchewan and Manitoba in the global study for mining investment, but has been ranked seven places higher than Queensland, the next Australian mining destination to make the list.

The East Australian state squeezed into the top 10, coming in behind smaller European nations Sweden and Ireland.

Nevada, Finland, Quebec and Arizona made up the rest of the top 10 areas for mining investment.

Among the worst regions for mining investment, various areas in Argentina including Jujuy and Neuquen were ranked lower than war-torn areas in Venezuela and Afghanistan, due to high levels of government interventionism in the South American state.  


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