Botswana is the top choice in Africa and twenty fifth in the world to conduct mining and exploration activities, according to Canadian research firm Fraser Institute’s Policy Perception Index (PPI)
Botswana is the preferred country for diamond mining in the world with an overall score of 74.2. Canada’s Ontario comes second with a score of 73.1 and Namibia stands third with a score of 68.3.
Other African nations that made it to the list include Zambia (48), Tanzania (43), South Africa (39.8), Mozambique (29.9), DR Congo (23.4) Malawi (15.6), Zimbabwe (14.6) and Angola (10.7).
Factors examined by the study conducted by PPI included policy attractiveness, government uncertainty, environmental regulations, legal system, taxation, infrastructure, trade barriers, labour, geological databases and security.
PPI is based on an annual global survey of 112 jurisdictions worldwide including sub-national jurisdictions in Canada, Australia, the US, and Argentina.
The results of the survey represent the opinions of 1,400 executives and exploration managers in mining and mining consulting companies operating around the world.