Top and worst countries for mining investments revealed – 25 countries put under the microscope
Most and least attractive countries for mining investments revealed
I found this really interesting paper by Behre Dolbear, where a 2010 ranking of countries for mining investment was released. (Thank you Behre Dolbear!)
An evaluation based on the following criteria was done on 25 countries:
- Economic system
- Political system
- Degree of social issues affecting mining
- Delays in receiving permits due to bureaucratic and other delays
- Degree of corruption
- Currency stability
- Tax regime
Well, there are no real surprises. Australia, Canada, South America and USA remained in the top 10. A few entries on the top of this list, Ghana, Bostwana and Mongolia, reflect the current M&A activity and sentiments in the mining industry. Mongolia especially, has improved their rankings by 4 places – its investment attractiveness fueled by the government’s efforts in encouraging foreign investors in the mining industry.
The report went on to conclude their cautious optimism about the future of the mining industry. I think it’s a justifiable attitude, with the world’s economy highly dependent on the state of things in Asia. As Asia’s economies continue their bullish run, I believe we can more mining acquisitions from the Chinese and Indian companies.
P.S: This is a Disclaimer – Though this article is informative, it is by no means a complete indication of our stand!
Source: http://www.dolbear.com/
