Saskatchewan and Manitoba are now the most attractive jurisdictions for mining investment in the world. That’s according to the annual global survey of mining executives by the Fraser Institute which describes itself as an independent non-partisan Canadian public policy think tank. The two Canadian provinces beat out Western Australia which fell from 1st to 3rd this year.
The Institutes senior director of energy and natural resource studies Kenneth Green says competitive tax regimes, efficient permitting procedures and certainty surrounding environmental regulations and land claims have vaulted Saskatchewan and Manitoba to the top in the eyes of miners looking to invest.
This year’s survey rates 104 jurisdictions around the world based on a combination of their geologic attractiveness for minerals and metals and their policy attractiveness.