JOHANNESBURG (miningweekly.com) – Western Australian Mines and Petroleum Minister Sean L’Estrange has vowed to support gold mines, pointing to the significant contribution that the industry makes to the Australian economy.
“Western Australia produces 6% of the world’s total gold production and I think a lot of people in Australia wouldn’t realise the significance of that contribution to our economy,” he said at the inaugural Gold Industry Group networking event in Perth on Thursday night.
L’Estrange, who took up the reins as Minister in March this year, said in a speech delivered at the event that he backed the industry by supporting exploration, noting that ore was becoming harder to find.
“My role…is to continue to shape the conditions for success through programmes such as the exploration incentive scheme (EIS),”
Through the EIS, the Western Australian government had made A$130-million available in funding for the period from April 2009 to June 2017, to stimulate increased private sector resource exploration.
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