Good readAttitudes becoming ‘more hostile’ to mining in 80% of jurisdictions – Fraser Institute
https://www.miningweekly.com/article/attitudes-becoming-more-hostile-to-mining-in-80-of-jurisdictions---fraser-institute-2010-08-20
There are many interesting points throughout the article. The key theme is negative legislative environments.
Models to follow (excerpt):
In order to attract mining investment, jurisdictions must uphold the rule of law and respect negotiated contracts and property rights. Jurisdictions that fail to do so cannot compete successfully on a global scale,” McMahon said.
Ghana’s mining laws have been depoliticised and Botswana’s mining laws regularly come in for praise.
“If you apply for a licence and meet the requirements of the law, you should not be put through 100 hoops. That’s the lesson from Botswana and Ghana,” he says. A key feature of the Botswana Mines and Minerals Act is that its licensing process is predictable and automatic, with the Minister having little administrative discretion and the licensing process being transparent.
Cesspool Ecuador comes in last, as usual:
The bottom ten scores went to Ecuador, Mongolia, Kazakhstan, Bolivia, Venezuela, Zimbabwe, Russia, Colorado, Indonesia and Tasmania.