Mining provinces such as Salta, San Juan, Santa Cruz, Río Negro, Catamarca, Jujuy and Mendoza are better valued by mining companies around the world than countries in the region with a strong mining tradition, such as Chile, Ecuador, Peru and Bolivia.
This is what emerges from a survey of 2,200 mining companies around the world carried out by the Fraser Institute of Canada, in which they account for the perception of 84 jurisdictions, including countries, regions and provinces.
“According to the ranking prepared by the Fraser Institute for 2022, there are seven mining provinces that are among the jurisdictions with the highest valuation in the Public Policy Index, above the regional average for Latin America,” said the Policy Secretary. Tributary of the Ministry of Economy of the Nation, Roberto Arias, on his Twitter account.
Arias pointed out that “Salta is the best perceived jurisdiction, ranking 20th out of 84 jurisdictions, above the mining countries in the region.”
There is great interest from governments and the main mining companies in the world for the potential of our country to produce and export the minerals necessary for the energy transition and achieve the objectives of sustainable development. #PeopleFirst #PDAC2022 pic.twitter.com/0o6dOiQUs7
— ?? Roberto J. Arias (@RobertoJArias) June 15, 2022
In the so-called Investment Attraction Index, San Juan ranks 22nd, above Ecuador (24), followed by Salta at 26, above Colombia (28), Chile (30) and Mexico (33). ).
Within this indicator, Santa Cruz ranks 39th ahead of Peru (41).
This Investment Attractiveness Index combines both the Policy Perception Indicator (PPI) and best practice mineral potential results.
“There is great interest from governments and the world’s leading mining companies in our country’s potential to produce and export the minerals necessary for the energy transition and achieve the sustainable development goals”Arias stated.
The Policy Perceptions Index (PPI) provides a comprehensive assessment of the attractiveness of mining policies in a jurisdiction and can serve as a report card to governments on how attractive their policies are from an exploration manager’s point of view.
In this table, Salta ranks 20th and San Juan 26th, better than Chile (38).
Then Santa Cruz (40), Río Negro (41), Catamarca (42) and Jujuy (44) are located ahead of Ecuador (45).
On the other hand, the Best Practices Mineral Potential index ranks jurisdictions according to whether the region’s geology encourages investment in exploration or is not a deterrent to investment.
“There is great interest from governments and the world’s leading mining companies in our country’s potential to produce and export the minerals necessary for the energy transition and achieve the sustainable development goals”Robert Arias
In this case, Ecuador appears in location number 13, Colombia in 18, and then San Juan appears in 20 ahead of Peru (25), Mexico (28) and Chile (30).
Then Salta (34) and Santa Cruz (42) are located.
“The provincial governments and the national government work as a team for a federal development that generates opportunities throughout the national territory, where sustainable mining plays a central role”Arias remarked.
The official, together with the Secretary of Mining, Fernanda Avila, participated on behalf of the country in the emblematic minerals and technology fair organized by the business association Prospectors and Developers Association of Canada (PDAC), considered the most important globally.
“We came to show the world a development strategy common to the entire political spectrum, focused on the potential we have and the enormous opportunities we can generate,” Avila said for his part.
Governors Sergio Uñac, from San Juan; Alicia Kirchner, from Santa Cruz; Rodolfo Suarez, from Mendoza; Gustavo Sáenz, from Salta; and Gerardo Morales, from Jujuy; and the president of the Argentine Chamber of Mining Entrepreneurs, Franco Mignaco.
