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Honduras is the pits for mining, says Fraser Institute's latest survey of companies

Friday, February 24, 2012

New Brunswick in Canada has vaulted to the top of rankings as the world's most attractive jurisdiction for mineral exploration and development according to the Fraser Institute's latest survey of mining companies.

The survey of 802 mining exploration and development companies on the investment climate of 93 nations, provinces and states ranked Honduras as the worst jurisdiction for mining exploration and development.

The bottom 10 scorers are Honduras, Guatemala, Bolivia, Venezuela, India, Philippines, Kyrgyzstan, Ecuador, Indonesia and Vietnam.

Source: Mineweb