Wednesday, March 21, 2007

Manitoba Rated Best in the World on Mining Policies

As a Manitoba prospector it is warming to see that our province has been ranked number one in the world for it's mineral policies. I am happy to see the province and our industry recieve the attention and recognition.

Excerts from Manitoba News Release

March 6, 2007

PROVINCE'S MINING POLICIES RECOGNIZED BY EXPLORATION AND MINING COMPANIES AS BEST IN THE WORLD

Manitoba has been rated as having the best policy environment in the world for mining investment based on the results of the latest Fraser Institute survey, Science, Technology, Energy and Mines Minister Jim Rondeau announced today.

“We have worked closely with stakeholders to develop an investment climate that will attract exploration and development, and create mutually beneficial opportunities.” said Rondeau. “Our formula of strong incentives combined with rich resources and a comprehensive geological database continue to be solid economic drivers for Manitoba’s mining sector. While we have consistently ranked among the top jurisdictions, we welcome this number one rating for the first time.”


“Manitoba has the political stability that many other jurisdictions don’t offer,” said Dale Ginn, CEO of San Gold Corporation. “Companies are attracted to Manitoba because of its policies for mineral investment that make it one of the best places in the world to explore.”

The Fraser Institute’s annual survey asks mining company executives to provide opinions about the investment attractiveness of 65 jurisdictions around the world on every continent except Antarctica.

The mission of the institute, an independent research and educational organization, is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals.

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