Miners Love Australia, And Here’s Why
Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!
(Kitco News) - Australia’s government policies are pro-mining, and the nation hosts a variety of mineral reserves, attracting miners from all over the world, said David Grabau, Senior Investment Specialist of Resources & Energy at Austrade.
“We’re really encouraged by the policies we have to help mining, to assist mining investors across both the Commonwealth of Australia but also in state and territory levels. We also know that mining is a huge part of the Australian economy; $217 billion worth of exports last year,” Grabau told Kitco News on the sidelines of the Prospectors & Developers Association of Canada convention in Toronto.