Japan and South Korea accelerate nuclear growth

Western Australia is the most attractive jurisdiction in the world for mining investment according to the Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. WA has named on top of followed by Saskatchewan (second) and Nevada (third) with Zimbabwe last. “The Fraser Institute’s mining survey is the most comprehensive report on government policies that either attract or discourage mining investors, and Western Australia ranks highest of anywhere in the world,” said Elmira Aliakbari, director of the Fraser Institute’s Centre for Natural Resource Studies and co-author of the report. This year’s report ranks 84 jurisdictions around the world based on their geologic attractiveness (minerals and metals) and government policies that encourage or...

RIO Tinto (ASX: RIO) chief executive J-S Jacques waxed philosophical to investors in London on Monday speaking of his vision of the company’s future. He spoke about the ‘deeper world’ awaiting the mining industry in the 2020s, and the importance of recognising the finite nature of the resources being mined. As Rio Tinto moves into the next decade, the shift from excess to discipline will be emphasised. Mr Jacques said that as the world becomes faster, so it becomes deeper too – meaning AI and big data present an opportunity to transform mining majors’ business models toward circular economies. “The world will not wait for us,” he said. “The time for change is now.” China’s insatiable appetite for resources in...