A recent Canadian government report says at least six countries in South and Central America are making serious efforts to attract additional mineral exploration. For example, the report says, Chile has been considering the introduction of a flow-through-share program to bolster exploration in that country.
Elsewhere, Venezuela is proposing a 5-year tax holiday for firms making new investments in gold mining, while Brazil has been relaxing regulations that discouraged foreign mining investment in the past.
Other countries that are actively seeking to encourage more exploration include Argentina, Mexico, Guyana, Panama, Columbia and Bolivia.
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