MELBOURNE: Australia will commit A$100mil (US$79.7mil) to secure private investment in greenfield mineral exploration across the country to drive a new wave of discoveries and restart the flagging mining sector in its west.
The resource-rich state of Western Australia was at the forefront of a once-in-a-century mining boom during the first decade of the 2000s and into the start of this decade, but has become the country’s worst-performing economy.
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