The following is an edited release by the Fraser Institute on the publication of its 2017 Annual Survey of Mining and Exploration Companies by Ashley Stedman and Kenneth P. Green. For more information, visit www.FraserInstitute.org.
This survey is an attempt to assess how mineral endowments and public policy factors such as taxation and regulatory uncertainty affect exploration investment. The survey was circulated electronically to 2,700 individuals between Aug. 22 and Nov. 10, 2017. Survey responses have been tallied to rank provinces, states and countries according to the extent that public policy factors encourage or discourage mining investment.
We received 360 responses for the survey, providing enough data to evaluate 91 jurisdictions. By way of comparison, 104 jurisdictions were evaluated in 2016, 109 in 2015, 122 in 2014 and 112 in 2013. The number of jurisdictions that can be included in the study tends to wax and wane as the mining sector grows or shrinks due to commodity prices and sectoral factors.
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