First African producer of silver and phosphates, Morocco is one of the heavyweights of the African mining sector. Each year, the mineral potential as well as the political and regulatory stability of the country attract investors interested in the continent.
Morocco is the most attractive African mining jurisdiction in 2021, both in terms of mineral potential and mining policies. On this second part, the Maghreb country even climbed to second place in the world in the ranking carried out annually by the Fraser Institute on the basis of a survey of players in the mining sector.
As every year since 1997, the Canadian think tank has established a global attractiveness index, based on the answers of mining executives and consultants to questions concerning the mining resources of the countries evaluated, as well as the regulatory environment there. prevails.
On this last point, Morocco is “particularly efficient” on aspects such as relations with the administration, the interpretation and application of laws or even labor regulations and employment agreements.
As a reminder, Morocco returns to the Fraser Institute ranking for the first time since 2017. That year, the leading African phosphate producer finished 6th on the continent, behind countries such as Mali, Ghana and Botswana. . Morocco also finished 63rd out of 91 jurisdictions assessed around the world, compared to 8th out of 84 in 2021.
Western Australia (one of the states that make up Australia) is the most attractive jurisdiction