Finland the world’s second most attractive location for global mining investments

Finland is one of the most attractive locations for global mining investments. In the recent Fraser Institute’s 2019 Annual Survey of Mining Companies, Finland came second, right behind Western Australia.

Fraser Institute’s annual survey evaluates the attractiveness of different countries and locations for mining investments based on the mineral potential and political factors.
Finishing 17th in last year’s survey, Finland returned to the top, being the most attractive country in Europe.

In terms of the operating environment, Finland was the best in the world. This was due to Finland’s comprehensive geological datasets, high-quality infrastructure, straightforward laws and the transparency of the Finnish social system.
The geological data produced by the Geological Survey of Finland (GTK) is among the best in the world.

“Alongside our stable and good operating environment, comprehensive and continuously updated digital geological datasets have a significant impact on investment decisions”, says Niina Ahtonen, head of Information Solutions at GTK.

The survey shows that traditional mining countries and their most critical regions in terms of mining operations are the most attractive locations for investments. In addition to Finland, the top positions were held by significant mining locations in the USA and Australia.

The 2019 Annual Survey of Mining Companies was sent to around 2,400 mineral exploration, development and mining companies throughout the world. The survey was conducted between 20 August and 8 November 2019, with a total of 263 mining executives responding to it.

Link to the survey:
https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2019

For further information, please contact:
Niina Ahtonen, head of unit, GTK, niina.ahtonen@gtk.fi, +358 29 503 3638