The Fraser Institute’s 2014 survey ranking jurisdictions
worldwide for their favorability for mining has just been released.
“Since 1997, the Fraser Institute has conducted an annual
survey of mining and exploration companies to assess how mineral endowments and
public policy factors such as taxation and regulation affect exploration
investment. Survey results now represent the opinions of executives and
exploration managers in mining and mining consulting companies operating around
the world. The survey includes data on 122 jurisdictions worldwide, on every
continent except Antarctica, including sub-national jurisdictions in Canada,
Australia, the United States, and Argentina.”
Arizona is ranked 18th in the world in investment
attractiveness, moving up 4 places from last year (and 6th in the
US). We are down 4 places in Policy Perception (mostly due to federal
land management is our understanding). We jumped dramatically
from 25th to 12th in Best Practices Mineral
Potential. We are ranked 20th in Current Mineral
Potential, behind only Nevada and Wyoming in the US.
Comments about Arizona from respondents:
- · Objections to in-situ copper mining at Florence.
- · 2+ years to receive drilling permit on US BLM mining claim.
- · It was positive to have a joint industry-government conference to reduce the time required to process permit applications and implementation of regulations
I am delighted to report that Arizona moved up to the #2 rated US jurisdiction for our Geological Database compared to #6 last year. That’s an
area we at AZGS are working on aggressively, digitizing hundreds of thousands
of pages of mining records for free online downloading. A second table shows 52% of respondents gave top rating to Arizona's Quality of Geological Database (includes quality and scale of maps, ease of access to information, etc), exceeded in the US only by Wyoming at 54%. No respondents identified Arizona's geological data as a significant deterrent to investment.
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