Make Kitco Your Homepage

Miners Love Australia, And Here’s Why

Kitco News

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.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.