"Ecuador has virtually no taxation on mining, low labour costs and very little red tape compared to Nevada as well.
Hmm, then why does Nevada rate first or very close to it on almost all the charts in this report??? Where would Ecuador rate if it appeared on these charts? Above Bolivia or close to Venzuela? Maybe you should be comparing KRY to ARU.v for country risk.
The Fraser Institute Annual Survey of Mining Companies 2003/2004
Executive Summary—2003/2004 Mining Survey
Since 1997, The Fraser Institute has conducted an annual survey of metal mining and exploration companies to assess how mineral endowments and public policy factors such as taxation and regulation affect exploration investment. Survey results represent the opinions of exploration managers in mining companies operating around the world. As the popularity of the survey has grown, we have expanded it to include more jurisdictions. We now ask companies to give us their opinions about the investment attractiveness of 53 jurisdictions including the Canadian provinces and territories (except Prince Edward Island), the Australian states, selected US states (this year Alaska, Arizona, California, Colorado, Idaho, Minnesota, Montana, Nevada, New Mexico, South Dakota, Utah, Washington, Wisconsin, and Wyoming), Argentina, Bolivia, Brazil, Chile, China, the Democratic Republic of Congo, Ghana, India, Indonesia, Ireland, Kazakhstan, Mexico, New Zealand, Peru, Philippines, Russia, South Africa, Turkey, Venezuela, and Zimbabwe. We look forward to including other jurisdictions of interest to the mining sector to further reflect the globalization of mining in the years to come.
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