Botswana slides in mineral competitiveness rankings

For 2021, the annual survey of mining companies was circulated to about 2,200 managers and executives around the world in companies involved in mining exploration and development. The survey received a total of 290 responses from individuals associated that reported exploration spending of $2.51 billion in 2021 and $1.79 billion in 2020.

The survey, which is eagerly anticipated by investors annually, is an attempt to assess how mineral endowments and public policy factors such as taxation and regulatory uncertainty affect exploration investment.