September 23, 2016
Congo Violence, Lundin Mining and the Global Cobalt Supply
Jurisdiction is a key risk in a mining operation. In any survey of “the best” mining jurisdictions, those that are economically stable, have predictable fair laws, have an impartial justice system and operate under a democratically elected government, are preferred over those jurisdictions that are politically or economically unstable.
The Fraser Institute’s 2015 Survey of Mining puts Western Australia in first place globally, from fourth in 2014, followed by Saskatchewan, Nevada, Ireland (up 10 spots from the year before), Finland, Alaska, Northern Territory, Quebec, Utah, and South Australia.
All are stable jurisdictions with no military coups, no abrupt change in tax regimes or mining law, established legal systems, and an emphasis on human rights.
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