The Brexit Fuss !

  Politicians noses out of joint,because voters democratically chose to leave the European Union in a referendum, of course by the simplest...

About Me

Retired but always looking for new challenges.

Sunday, October 1, 2017

MINING SURVEY FRIENDLY COUNTRIES

  A Mining survey shows that the most mining friendly countries and areas are ARIZONA,NEVADA,FINLAND,MEXICO,IRELAND,WESTERN AUSTRALIA AND QUEENSLAND.  

On the whole African independent states including South Africa have fallen out of favor. These regions formerly were very favorable to miners. The governments since independence when they took over from in their eyes from the much maligned colonialists who handed them good working economies on a platter have been very corrupt ,lazy and are it would seem only interested in lining the pockets of politicians and top government officials.
Looting has become commonplace and increased taxes have made establishing new mines a risky enterprise. Added to this now further talk of "windfall taxes" and socialist polices of nationalisation have driven overseas capital away completely.
These indigenous officials don't seem to realise that it takes millions of US Dollars to establish a working mine and this process can take up to ten years and not all mines can be profitable as metal and mineral prices rise and fall all the time.

Older mines are closing down plus heavy taxes and royalties shedding  thousands of jobs with no replacements on the horision 
is causing great misery.

Whipping the local indigenous Africans populations with talk of "white mining exploitation !"  is not helping matters either. Also The new mining charter in South Africa will bring new misery. South African mines have some of the best legislation ,which compares well with the world in protecting laborers rights.
UPDATES:- Google :- SEE SIDE-BAR RIGHT TOP
MY SPECIALIST WATCH LISTS

SPRING AND SUMMER SEPTEMBER UPDATES
------------------------------------------------------
READ THE NEW BLOG BVIANS EDGE TO SEE OUR OPINION OF BITCOIN NOW

ABACUS INFORMATION ALERTS

BVIANS AND NAOMI'S SMALL CAP STOCKS

BVIANS MINING STOCKS