According to the Fraser Institute, eight out of ten outstanding jurisdictions are in the USA or Canada. Utah, Nevada and Saskatchewan took the top three places. Every year, the Fraser Institute compiles a list of the world's most attractive mining jurisdictions. Western Australia and Quebec came fourth and fifth respectively. The regulatory system and whether taxes are competitive as well as political conditions and mineral deposits are examined. More than 2,000 companies active in the mining industry were surveyed. The winner Utah impresses with its copper deposits, as well as gold, silver, molybdenum, uranium and other raw materials.
On the negative side of Utah, the Fraser Institute cited uncertainties regarding environmental regulations. If politics and mineral potential are taken into account, Niger comes in last place. Kazakhstan, Bolivia and Cambodia also scored poorly. One negative factor in Canada as a mining country is the security of permits. It takes an average of 15 years for a new mine to obtain a permit, which is a long time. And the time it takes for a permit to be issued has increased in Canada in some cases in recent years. Quebec, Ontario, Labrador and Newfoundland, for example, have shorter approval times. There are promising mining companies there.
In Ontario, for example, the Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ - owns the high-grade Crawford project. It contains nickel and cobalt, important metals for electric vehicles and stainless-steel production. The establishment of a subsidiary simplifies further development.
Targa Exploration - https://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ - has lithium, an important raw material for the green future, in the Canadian provinces of Quebec, Manitoba, Ontario and Saskatchewan.
Current company information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -)
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.