Dec 15, 2017 Last Updated 4:28 PM, Dec 12, 2017

New Entry From the Editor :

Australian shopping empire Westfield sold to French property firm for $33 billion

Australian shopping empire Wes…

AusBN - Australian shopping mall juggernaut Westfield has been purchased by...

ASX introduces blockchain technology into trade settlement system

ASX introduces blockchain tech…

AusBN - Australian Securities Exchange (ASX) has become the first major glo...

Australia’s annual economic growth rate rises to 2.8%

Australia’s annual economic gr…

AusBN - Australia’s annual economic growth rate has risen to 2.8% aft...

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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