Miners prefer Canada to overseas: KPMG

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“The picture is of a confident industry who are used to navigating the challenges,” Heather Cheeseman, KPMG’s Canada mining leader, said in the report. “Especially among critical minerals businesses, this confidence may have been boosted by the Canadian government’s increasingly protectionist stance in terms of foreign takeovers.”

Community relations, commodity prices, access to capital and the permitting process remain among the top concerns of executives, the consultancy found. During July and August, it surveyed 100 companies valued from C$100 million to more than C$10 billion. They included operators, exploration and development companies, mining service providers, and mine finance companies. Most were in Canada and more than half were in precious metals.

Geopolitics

“Geopolitical uncertainty has become more acute in recent times given various trade tensions, regional conflicts and a spate of political elections…

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