SA: Mining continues to boom in SA

AAP General News (Australia)
12-15-2006
SA: Mining continues to boom in SA

ADELAIDE, Dec 15 AAP - South Australia's mineral exploration boom is continuing with
investment in it more than doubling over the past year.

Premier Mike Rann said today $171 million was spent in the 12 months to the end of
September compared to $77 million over the same period in 2005, an increase of 123 per
cent.

Mr Rann said the increase vindicated the government's work to promote the state's mineral
potential.

The increase in spending emphasised the current high level of confidence in the state's
minerals sector, he said.

AAP tjd/jt/de

KEYWORD: MINING

2006 AAP Information Services Pty Limited (AAP) or its Licensors.