Our strong regulatory regime helps Western Australia maintain its position as one of the most attractive destinations in the world for mining investment.
The Fraser Institute’s 2018 Annual Survey of mining companies, released in February 2019, rated 83 jurisdictions around the world based on both their mineral prospectivity and the extent to which government policies encourage exploration and investment.
In the latest survey, Western Australia was ranked second in the world for overall investment attractiveness, behind Nevada. The next highest ranked Australian jurisdiction, in 13th place, was Queensland.
Fraser Institute’s Senior Policy Analyst Ashley Stedman said the latest rankings showed that the evidence was clear that mineral deposits alone were not enough to attract precious commodity investment dollars.
“A sound regulatory regime coupled with competitive fiscal policies is key to making a jurisdiction attractive in the eyes of mining investors,” Ms Stedman said.
Western Australia consistently ranks in the top five jurisdictions, achieving first place in 2013 and 2015.