Sweden as an operating country have low sovereign risk, favourable mining codes, activemines, a skilled workforce, support industries and bulk commodity infrastructure
Corporate tax rate 22%
Mineral production taxrate 0.2%
Royalty - free
#8 ranked in 2016 Fraser Institute Mining report, (#2/17 ranked in Europe)
Mining Journal, World Risk Report 2017: Sweden WRR Score 81
“Sweden was the only non North America jurisdiction to register a AAA rating”
“Worthy of individual mentions for the welcoming nature of fiscal policy and overall economic environment are Sweden (81).”
Note also that Australia’s seven states and territories failed to register a triple AAA rating (negligible risk) between them, though Western Australia and South Australia came close, with AA ratings.
Kind regards,
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