Canadian-based think-tank, the Fraser Institute, has published its annual Investment Attractiveness Index report. According to Gem Konnect, the 2017 annual list has put Finland as the top international jurisdiction for mining investment.
In the 2016 list, Canada had both the best (Saskatchewan) and second-best (Manitoba) mining jurisdictions in the world, but this year Finland jumped from fifth to first while Saskatchewan dropped to second place. Nevada was ranked third, up from fourth place in 2016.
The annual survey “ranks jurisdictions around the world based on a combination of their geological attractiveness for minerals and metals and their policy attractiveness”. Finland was chosen thanks to “Rich mineral reserves, competitive taxes, efficient permitting procedures and certainty around environmental regulations will still attract significant investment – even with slumping commodity prices”.
The Republic of Ireland ranked fourth this year, while Western Australia dropped from third to fifth in 2017. Rounding out the top ten were Quebec, Ontario, Chile, Arizona, and Alaska.
