dropped from the top spot globally in the organisation\u2019s 2016 annual survey<\/a> of mining executives to third in 2017 behind Canadian provinces, Saskatchewan and Manitoba.<\/p>\nThe survey ranks 104 jurisdictions around the world based on geologic attractiveness and the extent government policies encourage or deter exploration and investment.<\/p>\n
Queensland (10th<\/sup>) is\u00a0the only other Australian state to feature in the top 10 jurisdictions, improving from 16th<\/sup> overall in 2016, even though its overall rating score declined slightly.<\/p>\nBehind the top three were Nevada (United States), Finland, Quebec (Canada), Arizona (US), Sweden, Republic of Ireland, and Queensland.<\/p>\n
Despite having just two states in the top 10, Australia and Oceania did manage to surpass Canada and the US as the most attractive region in the world for investment when both policy and mineral potential are considered, Fraser Institute added.<\/p>\n
\u201cWA was rated to be the most attractive jurisdiction in the region and the third most attractive jurisdiction in the world this year based on its investment attractiveness score,\u201d Fraser Institute reported.<\/p>\n
\u201cTwo Australian jurisdictions\u2014 New South Wales and Queensland \u2014 experienced declines in their policy perception index (PPI) scores this year.\u201d<\/p>\n
NSW\u2019s PPI score was notably lower, falling from 51st<\/sup> in 2016 to 66th<\/sup> this year, as more respondents rated socioeconomic agreements\/ community development conditions, labour regulations, and the legal system as discouraging to investment.<\/p>\nIt is the fifth consecutive year that NSW suffered a decline in its PPI score.<\/p>\n
While Queensland\u2019s PPI score decreased, the lift in the state\u2019s investment attractiveness score was driven by a substantial improvement in miners\u2019 views of Queensland\u2019s geology.<\/p>\n
\u201cIn fact, this year Queensland is rated as having the fourth most attractive geology in the world,\u201d according to the Fraser Institute.<\/p>\n
The Australia and Oceania investment attractiveness index rankings order in 2017 is: WA, Queensland, South Australia (13th<\/sup> overall), Northern Territory (20th<\/sup>), Fiji (41st<\/sup>), Tasmania (56th<\/sup>), Victoria (57th<\/sup>), Papua New Guinea (59th<\/sup>), NSW (62nd<\/sup>), Philippines (66th<\/sup>), New Zealand (67th<\/sup>), Indonesia (78th<\/sup>) and Malaysia (93rd<\/sup>).<\/p>\n","protected":false},"excerpt":{"rendered":"Western Australia remains the most attractive jurisdiction\u00a0in Australia for mining investment, according to Canadian think-tank, the Fraser Institute. However, the behemoth mining state dropped from the top spot globally in the organisation\u2019s 2016 annual survey of mining executives to third in 2017 behind Canadian provinces, Saskatchewan and Manitoba. The survey ranks 104 jurisdictions around the … Continue reading “WA still Australia\u2019s top spot for mining investment”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6],"tags":[],"class_list":["post-2274","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-AG","jetpack-related-posts":[{"id":2382,"url":"https:\/\/yinghuiinternational.com\/index.php\/2017\/06\/07\/australians-flock-to-toronto-for-pdac\/","url_meta":{"origin":2274,"position":0},"title":"Australians flock to Toronto for PDAC","author":"yinghui","date":"June 7, 2017","format":false,"excerpt":"The world\u2019s largest mining trade show\u00a0(http:\/\/www.pdac.ca\/convention) this year again attracted a slew of Australian mining companies, services exporters, government officials and investment promoters. Peter\u00a0Diekmeyer writes. Exhibitors, participants and presenters, including a platoon of Australians. attribute increased traffic at the Prospectors and Developers Association of Canada\u2019s (PDAC) annual conference to renewed\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1134,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/12\/01\/mining-investment-to-implode\/","url_meta":{"origin":2274,"position":1},"title":"Mining investment to implode","author":"yinghui","date":"December 1, 2015","format":false,"excerpt":"Mining investment in Australia is set to decline sharply over the next three years, resulting in 20,000 job losses. 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On August 28 2018, the Victorian Government released its mineral resources strategy for 2018\u20132023, identifying key challenges and opportunities in the state\u2019s mining\u00a0sector. The government\u2026","rel":"","context":"In "2020"","block_context":{"text":"2020","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/2020\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8744,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/06\/25\/a-new-global-uranium-power\/","url_meta":{"origin":2274,"position":3},"title":"A new global uranium power","author":"yinghui","date":"June 25, 2024","format":false,"excerpt":"TOM PARKER uranium mineral isolated on black background. Highly radioactive and dangerous ore. Paladin Energy is looking to grow its global uranium footprint through the acquisition of Canadian-focused Fission Uranium. (PDN\u6536\u8d2d\u4f18\u8d28\u94c0\u77ff\u540e\u590d\u76d8\u8865\u8dcc5.1%\uff0c\u672c\u6b21\u914d\u80a1\u6536\u8d2d\u7a00\u91ca\u80a1\u4e1c\u6743\u76ca\uff0c\u5728\u80a1\u4e1c\u5c06\u8981\u770b\u5230\u62c9\u683c\u77ff\u6709\u6536\u76ca\u7684\u65f6\u5019\u518d\u6dfb\u65b0\u541e\u91d1\u517d\uff0c2029\u5e74\u8ba1\u5212\u6295\u4ea7\u7684\u5e15\u7279\u68ee\u6e56\u9879\u76ee\u672a\u67655\u5e74\u95f4\u9884\u8ba1\u975e\u5e38\u70e7\u94b1\uff0c\u8fd9\u4e5f\u662f\u80a1\u4e1c\u4eec\u6ca1\u6709\u56e0\u8be5\u6ea2\u4ef7\u6536\u8d2d\u5c31\u7acb\u5373\u7092\u9ad8\u80a1\u4ef7\u7684\u539f\u56e0\u3002) Fission shareholders would receive 0.1076 Paladin shares for each Fission share as part of the deal, which represents an\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2579,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/01\/24\/skills-gap-becomes-key-challenge-despite-rising-industry-confidence\/","url_meta":{"origin":2274,"position":4},"title":"Skills gap becomes key challenge despite rising industry confidence","author":"yinghui","date":"January 24, 2018","format":false,"excerpt":"The dark days of mining\u2019s downturn may be over but the industry\u2019s leaders now have different challenges to grapple with, according to Newport Consulting. 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The outlook, broadly for the industry, isn\u2019t overly favourable with mining investment expected to fall by\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"budget-550x270","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/05\/budget-550x270.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/05\/budget-550x270.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/05\/budget-550x270.jpg?resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/2274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=2274"}],"version-history":[{"count":1,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/2274\/revisions"}],"predecessor-version":[{"id":2275,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/2274\/revisions\/2275"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=2274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=2274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=2274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}