Want to invest in mining? Fraser report says look to Manitoba and Saskatchewan
When it comes to investment in mineral exploration, Ontario has dropped into a slump, the latest report from the Fraser Institute says. The think-tank recently rated 104 regions around the world on their geological and regulatory attractiveness to those looking to invest in mineral exploration.
The report named Saskatchewan as the top jurisdiction for investment. The prairie province moved up to first from second place in 2015. Manitoba moved up to second place this year after ranking 19th the previous year.
Western Australia dropped to third, after Saskatchewan displaced it as the most attractive jurisdiction in the world. Rounding out the top-10 are Nevada, Finland, Quebec, Arizona, Sweden, the Republic of Ireland, and Queensland. Ontario dropped three spots this year to 18th place. The reason? Mining companies are put off by the uncertainty around land claims in Ontario, the report says. Continue Reading →