38 AUGUST 2023 WorldWide Drilling Resource® Saskatchewan Ranked First Adapted from Information by the Government of Saskatchewan For the third year in a row, Saskatchewan ranked first in Canada and in the top three in the world for mining investment attractiveness. "Saskatchewan continues to be a standout jurisdiction to invest in because of our outstanding resource potential and strong policies that support mineral exploration and development," said Energy and Resources Minister Jim Reiter. The Fraser Institute's 2022 Annual Survey of Mining Companies measured 62 jurisdictions around the world on two main areas - mineral potential and policy perception - to come up with an appeal ranking for investment. Overall, Saskatchewan ranked third in the world for investment attractiveness in the survey. Nevada ranked first, and Western Australia second. Saskatchewan also ranked second in the world for mineral potential. "It is no surprise that Saskatchewan remains the best jurisdiction in Canada for mining investment attractiveness and one of the top jurisdictions globally," said Foran Mining Executive Chairman and CEO Dan Myerson. "A business-friendly government and world-class geology allows companies like Foran to build multigenerational, infrastructure-type sustainable mining assets and provide the world with the critical minerals needed for global electric revolution." "The potential is here and largely untapped," Reiter said. "Since this survey was done, we've announced additional tax and exploration incentives, along with a critical minerals strategy to drive new investment. These will all positively impact the industry in the province." In this year's budget the Saskatchewan Mineral Exploration Tax Credit was increased from 10% to 30%. The Targeted Mineral Exploration Incentive was also expanded from $750,000 to $4 million annually and applied to all hard rock exploration drilling across the province. In addition, a further $2.4 million of new funding was committed to improve access to geological data by explorers. In 2023-24, the Government of Saskatchewan will also review environmental exploration permitting in the province to ensure timely and efficient processes for explorers and developers. MIN September 13-15, 2023 ~ The National Drilling Association will hold its 2023 convention at Lexington Griffin Gate Marriott Golf Resort & Spa in Lexington, Kentucky. Make plans for the Joe Scribellito, Jr. Memorial Golf Outing. Then get ready for indoor and outdoor displays, president’s dinner with awards and entertainment, presentations for education credits, keynote speaker, cornhole tournament, and more. Details at www.nda4u.com September 26-28, 2023 ~ The Utility Expo is back this year at the Kentucky Exposition Center in Louisville, Kentucky. Covering more than 32 acres, it’s the largest event for utility professionals and construction contractors seeking the latest industry technologies, innovations, and trends. See, touch, and experience new equipment and safety products. Network with over 19,000 industry peers and talk to product experts from over 900 manufacturers and learn how to get the most out of your equipment. Many education opportunities will be right on the trade show floor. Don’t miss it. Register at www.theutilityexpo.com See more events at www.worldwidedrillingresource.com online issue. Are you planning to go? WorldWide will be looking for you! Join WWDR
RkJQdWJsaXNoZXIy NDk4Mzk=