|In February 2018, the Fraser Institute published its Survey of Mining Companies for 2017. Ireland has scored highly having again been ranked No. 1 for Policy Perception Index, the fourth year in a row. We are ranked 4th for overall attractiveness – up from 9th last year. Only enough data to score 91 jurisdictions this year.
Key indices included:
Enforcement of regulations/ uncertainty for administration : 1st
Legal system: 2nd
Taxation regime: 4th
Uncertainty concerning disputed land claims: 2nd
Quality of infrastructure: 1st
Socio-economic agreements: 3rd
Trade barriers: Joint 1st
Political stability: Joint 1st
Labour regulations; 6th
Geological Databases: Joint 1st with Sweden and Northern Ireland
Security: 6th but all ahead of us have the same score
The Republic of Ireland is a jurisdiction where they do as they say, constantly, and in a
transparent manner. Officials have a can-do attitude that follows the laws of the land,
which is a refreshing change.
—An exploration company, Company president
This jurisdiction processes license approvals in a timely manner (normally 1–2 months)
and permissions to drill can be issued within weeks. Ireland’s efficient administrative
processes ultimately encourage investment.
—An exploration company, Senior management
Overall – 47th
Policy – 6th