South Australia remains among the world’s top performing mining jurisdictions in the Fraser Institute’s influential global survey on mining investment attractiveness.

The rankings highlights the importance of South Australia's $10 million Accelerated Discovery Initiative, ExploreSA: The Gawler Challenge, Gawler Magnetics and the Gawler Craton Airborne Survey and the tireless work of the South Australian Geological Survey to unlock our state’s mineral wealth and create highly paid, highly skilled jobs.

South Australia climbed to 8th in the latest survey for Mineral Potential based on geological attractiveness which is a critical factor in future exploration expenditure.

South Australia was also 8th in the Best Practices Mineral Potential Index which measures a jurisdiction’s policy practice including regulatory environment, taxation and political risk.

The 2020 Fraser Institute report provides clear evidence that mineral deposits alone are not enough to attract precious commodity investment dollars.

A sound stable regulatory regime coupled with competitive fiscal policies is key to making a jurisdiction attractive in the eyes of mining investors.

The significant work that was undertaken in 2020 to update and improve the mining legislation in South Australia will pay dividends in the years to come by ensuring South Australia is seen as a responsible and stable jurisdiction.

As jurisdictions across the global complete for exploration investment the Fraser Institute results again highlight South Australia as the place to do business.

26 February 2021