Walawski woes

AUSTRALIA’S share of global mineral exploration has almost halved in the past decade and there has not been a major discovery in the past eight years. “In less than four years, Australia has fallen from first to fifth in the world’s top regions for mineral exploration, its lowest ever recorded position,” Association of Mining and Exploration Companies CEO Justin Walawski said. The industry points to policy impediments within Australia, which make it far less attractive for investment than other countries.