Copper Stocks in New South Wales

With around 13 percent of Australia's economic demonstrated copper resources, New South Wales is one of the country's premier jurisdictions for the exploration, mining and export of the red metal.

Though it's well behind the top jurisdiction — South Australia, which almost totally dominates resources and output (69 percent) — New South Wales is unique in that it is home to dozens of smaller projects either in the exploration, development or production stages.

In 2018, AU$260 million was spent on copper exploration across Australia, well up on 2017, and a decent chunk of that was spent in New South Wales, which according to the state government, is home to up to 40 companies that are sniffing around the state looking for the next big deposit.

Keep reading... Show less

How to Access Medical Cannabis in Australia

Recreational cannabis remains out of reach in Australia, but the country legalised medical cannabis in 2016, opening up access to the cannabis market for both Australians and investors alike.

Cannabis in Australia is used to treat a myriad of conditions, from epilepsy to neuropathic pain, but federal legislation has a strict hold on the distribution of cannabis in the country.

Patients can only receive medicinal cannabis products via a specialist and then may have to wait up to a month for government approval. However, there are signs that the limits to access are slowly lessening, including the approval of over-the-counter cannabidiol (CBD) products and new breakthroughs in government-sponsored medical cannabis research.

Keep reading... Show less

Mining in Australia: Incentives and Initiatives

Australia is one of the world’s biggest mining hotspots, and that’s partially because the country’s government has given mining companies a good reason to explore down under: incentives.

While these incentives vary between the eight different Australian states and territories, they all help make the mining process easier and more beneficial for everyone involved. Companies are able to profit, and the government finds a strengthening economy.

For investors curious about what each area offers to mining companies, check out our list of Australia’s various incentives by state and territory.

Keep reading... Show less

ASX Rare Earths Stocks

Rare earths are a group of commodities that Australia has done well to corner the market on, not because of a monopoly on resources (indeed Australia only accounts for 3 percent of global reserves), but because it was ahead of the curve when it comes to investment.

The story of rare earths in Australia — the modern success story at least — has its roots in a 2010 trade dispute between Japan and China, when China throttled exports of rare earths to Japan as retribution for a fisheries clash.

Long story short, Japan found itself looking to diversify its rare earths import partners. Up until then it had been beholden to the whims of its larger neighbour, which at the time accounted for over 93 percent of rare earths output.

Keep reading... Show less

Where They Rank: Australian Mining Jurisdictions

Australia is well known as a prolific mining nation, with large sections of its economy built on mining since the mid-1800s onwards.

Minerals account for up to 60 percent of Australia’s export merchandise, according to Geosciences Australia, giving the mining industry a 12 percent share of gross domestic product.

But not all states in Australia are equal, with the premier jurisdiction and source of wealth being Western Australia, which takes up the western third of the arid continent.

Keep reading... Show less

Top News

Related News