Western Australia is world’s new top mining destination

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Canada’s Saskatchewan is still on the podium, climbing from a third place overall in 2020 to a second position in the 2021 index, which takes both mineral and policy perception into consideration.

Nevada, which topped the 2020 ranking, ranked third last year, followed by Alaska, Arizona, Quebec, Idaho, Morocco, Yukon, and South Australia.

Source: Fraser Institute’s Annual Survey of Mining Companies 2021.

As in previous years, the best places to invest in mining are located in developed countries with long histories of success in the industry, which not necessarily is a good thing.

The main issue is that the number of available projects in the top jurisdictions are limited, while some of the world’s best deposits are in places where doing business is, or is perceived as, risky.

Zimbabwe, which has an abundance of resources including gold, platinum, diamonds, lithium, chrome, and coal, ranked as the least attractive…

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