Canadian small and mid-cap mining companies are hindered by overlapping government regulations and bureaucratic inefficiencies, according to a new survey of mining CEOs.
The survey, coordinated by Blue Note Mining, found leading executives perceived government regulatory process as complex and inconsistent, with a significant duplication between federal and provincial processes.
Nevertheless, Canada was viewed as a competitive place to do business, compared to other nations.
Ottawa is home to several mining companies with Canadian properties, including Northern Shield Resources Inc. (TSX-V:NRN) and Patrician Diamonds (TSX-V:PXC).
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