Saskatchewan is the top place for mining investments
A new report from #FraserInstitute states that #Saskatchewan is one of the most attractive places in the world for mining companies to invest. The survey, which ranked 91 jurisdictions around the world this year on a number of factors, says Saskatchewan leads the world as the best place for mining companies to spend their money.
Each year, the think-tank polls mining and exploration companies and asks questions in regards to taxation, regulation, safety and how much mineral wealth is in the region. Saskatchewan’s royalty structure gives investors certainty. With rich mineral reserves, competitive tax regimes, efficient permitting procedures, and the certainty it provides in terms of surrounding environmental regulations and land-claims have put Saskatchewan at the top of the list.
#Quebec ranks second in #Canada for investment attractiveness, and #Ontario came in third. The survey was circulated electronically to approximately 2,700 individuals between Aug. 22 and Nov. 10, 2017. While the survey is designed to capture the opinions of managers and executives about the level of investment barriers in jurisdictions with which their companies are familiar, it significantly highlights the strengths of Saskatchewan’s mining stability.
Survey’s like this one from Fraser Institute also helps underground mining communication companies like our own to better predict potential clientele. Currently, Jannatec Technologies has been assisting mines in the Saskatchewan area tackle issues other companies were struggling to solve. Our #ProximityProject, based in one of Saskatchewan’s most fruitful mines, has recently been successful in its trail phases and is now in the process of being permanently implemented.
We’re always on the cutting edge of technology, and striving to come up with innovative solutions to the industry’s toughest challenges. Needless to say, we can’t wait to see what further potentials Saskatchewan might bring in the near future.