Study
| EST. READ TIME 1 MIN.Annual Survey of Mining Companies: 2012-2013
The Fraser Institute Annual Survey of Mining Companies was sent to approximately 4,100 exploration, development, and other mining-related companies world-wide. The survey represents responses from 742 of those companies, which has provided sufficient data to evaluate 96 jurisdictions.
The survey responses have been tallied to rank provinces, states, and countries according to the extent that public policy factors encourage or discourage investment. Finland had the highest Policy Potential Index (PPI) score of 95.5. Along with Finland, the top 10 ranked jurisdictions are Sweden, Alberta, New Brunswick, Wyoming, Ireland, Nevada, Yukon, Utah, and Norway. The 10 least attractive jurisdictions for investment based on the PPI rankings are (starting with the worst): Indonesia, Vietnam, Venezuela, DRC (Congo), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece.
For the first time since 2006/2007, no Canadian jurisdiction ranked first in the survey. Both Quebec and Saskatchewan dropped out of the top 10 in the rankings, to 11th and 13th respectively.
The companies participating in the survey reported exploration spending of US$6.2 billion in 2012.
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Alana Wilson
Alana Wilson is a former Senior Economist with the Fraser Institutes Centre for Natural Resources. She managed the content developmentfor the Mining Facts website and analyzed mining policy and the impacts of mining in Canada and overseas. Ms. Wilson has a MSc. in Local Economic Development from the London School of Economics and a BSc. Agroecology (Honours) in Food and Resource Economics from the University of British Columbia. She joined the Fraser Institute in 2011 after working in international and rural development in Washington, D.C., Peru, Alberta, and British Columbia.… Read more -
Fred McMahon
Resident Fellow, Dr. Michael A. Walker Chair in Economic FreedomFred McMahon is a Fraser Institute Resident Fellow and holder of the Dr. Michael A. Walker Chair in Economic Freedom.He has an M.A. in Economics from McGill University. Mr. McMahon manages the Economic Freedom of the World Project and coordinates the Economic Freedom Network, an international alliance of over 100 think tank partners in about 100 nations and territories. His research focuses on global issues such as development, trade, governance and economic structure. Mr. McMahon is the author of numerous research articles and several books including, Looking the Gift Horse in the Mouth: The Impact of Federal Transfers on Atlantic Canada, which won the Sir Antony Fisher International Memorial Award for advancing public policy debate, Road to Growth: How Lagging Economies Become Prosperous, and Retreat from Growth: Atlantic Canada and the Negative Sum Economy.He has written for numerous publications including the European Journal of Political Economy, the SAIS Journal (School of Advanced International Studies, Johns Hopkins University), the Wall Street Journal, Policy Options, National Post, Time (Canada), Globe and Mail, Ottawa Citizen, and most other major Canadian newspapers. Research articles he has recently authored or co-authored include: Economic Freedom of North America, Quebec Prosperity: Taking the Next Step, The Unseen Wall: The Fraser Institute's Annual Trade Survey, and Economic Freedom of the Arab World.… Read more -
Miguel Cervantes
Miguel Angel Cervantes is a former economist in the Fraser Institutes Global Resource Centre and co-author of the annual Surveyof Mining Companies, Global Petroleum Survey, and Economic Freedom of the Arab World report. He holds a bachelor's and masters degree in economics from the University of Texas at El Paso and is also a lecturer at HEC Montréal Business School.… Read more