Canada’s Fraser Institute has released its findings for the 2011/12 survey of mining companies, finding that both the Northern Territory and Western Australia have made significant improvements in their attractiveness to potential mining investors.

 

The annual survey conducts a sector wide examination of how domestic policy informs the decision making process of mining companies. The results represent the opinions of executives and exploration managers in ming and mining consulting companies around the world.

 

The report found that the Northern Territory has jumped from 27th place to 11th in the period between the 2010/11 and 2011/12 periods. Western Australia has also improved its ranking from17th to 12th place.

 

Queensland also posted a strong growth, climbing from 38th place to 28th, while South Australia slide 8 places to finish on 19th place.

 

Tasmania remained much the same, sliding two positions while Victoria posted the largest fall, from 31st place to 44th.