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Survey of Mining Companies
2010/2011
This publication has been made possible thanks to thesupport of the Prospectors and Developers Association of Canada (PDAC) and the Fraser Institute.
Fred McMahon and Miguel Cervantes
FRASER INSTITUTE ANNUAL
About The Fra ser In sti tute
The Fraser Institute’s vi sion is a free and pros perous world where indi viduals ben efit from greater choice,
competitive markets, and personal responsibility. Our mission is to measure, study, and communicate the
impact of competitive markets and government interventions on the welfare of individuals.
Founded in 1974, we are an independent research and educational organization with locations throughout
North America, and in ternational partners in over 80 coun tries. Our work is fi nanced by tax-deductible
contributions from thousands of individuals, organizations, and foundations. In order to protect its inde -
pendence, the In stitute does not accept grants from government or contracts for research.
Me dia
For media inquiries, please contact our Communications Department
telephone: 604.714.4582; e-mail: communications@fraserinstitute.org
Dis claimer
The coordinators of this survey have worked independently and opin ions expressed by them are, therefore,
their own, and do not nec essarily reflect the opin ions of the supporters, trustees, or other staff of the Fraser
Institute. This publication in no way implies that the Fraser Institute, its trustees, or staff are in favor of, or
oppose the passage of, any bill; or that they sup port or oppose any particular political party or candidate.
Copy right
Copyright © 2011 by the Fra ser Institute. All rights reserved. No part of this publication may be reproduced
in any manner what soever without writ ten permission except in the case of brief passages quoted in crit ical
articles and reviews.
Date of is sue
March 2011
Ed it ing, de sign, and pro duc tion
Kristin McCahon
Cover
Design by Bill Ray. Cover im ages copyright © Greg Pickens, Gold mapFor additional copies of this sur vey, or for copies of previous years’ surveys, please call:
The Fraser Institute, 4
th
Floor, 1770 Burrard Street, Vancouver, BC V6J 3G7Phone: (604) 688-0221, ext. 580; or call toll-free: 1-800-665-3558, ext. 580;or e-mail sales@fraserinstitute.org
Table of Contents
Survey information................................
4
Acknowledgements................................
4
About the authors ................................
5
Executive summary—2010/2011 mining survey ...............
6
Survey back ground ................................
8
Summary indexes .................................
9
Survey structure in detail ............................
22
Explanation of the figures ............................
23
Investment patterns................................
52
Appendix: Tabular material ...........................
55
of 00
Survey of Mining Companies 2010/2011
FRASER INSTITUTE ANNUAL Survey of Mining Companies 2010/2011. Sociedad Nacional de Minería, Petróleo y Energía.
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