Monday, March 4, 2013

Arizona's Mineral Potential Ranks High in Survey of Best and Worst Places for Mining


The  new Frazer Institute Annual Survey of Mining Companies ranks Arizona 15th in the world in its assessment of our current mineral potential. That’s up from 31st last year.

Three US states are in the top 10 jurisdictions in terms of public policy factors that encourage or discourage investment. They are Wyoming, Nevada and Utah.

The Arizona Geology blog reports that Arizona ranks 28th out of 96 jurisdictions worldwide in how mining companies rank “public policy factors such as taxation and regulation affect exploration investment."

Arizona is 40th in “regulatory duplication and inconsistencies.” 

The full report is available here.

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