Lifting the many sanctions burdening Zimbabwe is clearly essential for the nation’s growth. Importers would be able to re-develop their once bountiful export market, private enterprise would be promoted to flourish, the agricultural and mining sectors can regroup and work diligently without threat of corruption and communities can be given the resources to fight the [...]
Published under
china,
mining on Wednesday, August 12th, 2009
Mining Daily’s Paul Hayes has issued a report on China making its presence felt in the Australian coal market with state-owned Yanzhou Coal Mining making a $3.5 billion takeover bid for Felix Resources.
Both Felix and Yanzhou have announced trading halts as the companies await the outcome of the potential change of control transaction.
If approved, the deal would represent one [...]
Published under
Africa,
CSR,
Latin America,
Nigeria,
central asia,
china,
corporate foreign policy,
corruption,
democracy,
economy,
foreign policy,
mining,
natural gas,
political risk,
protectionism on Thursday, June 11th, 2009
Robert Amsterdam’s speech on corporate foreign policy in Helsinki, Finland.
Foreign Policy magazine has recently published an advertising supplement which I’ve found to be fairly factual amidst the odd tidbit of propaganda. I’ve decided to omit the portions I felt weren’t entirely factual, but include the majority of the piece, as I truly believe Angola will be a developing nation to watch, given the overwhelming [...]
Published under
Africa,
Zimbabwe,
economy,
mining,
political risk on Friday, May 1st, 2009
The economic climate in South Africa was jostled to an even further degree as last week’s Presidential election lurched in to the midnight hour. With the failing to achieve a two-thirds majority victory, the opposition (and indeed foreign investors) may claim some small triumph, but in fact, this could adversely affect domestic spending due to [...]
Published under
Africa,
Zimbabwe,
economy,
mining,
political risk on Tuesday, April 28th, 2009
Illegal gold miners in Zimbabwe are also victims of the Cholera epidemic that has claimed the lives of thousands in Zimbabwe, and although perchance curbing in its severity, is by no means, as Mr. Mugabe so eloquently put it, ‘arrested‘. The political risks for investment are more than clear, and reflect the lies continuing to [...]
Published under
Africa,
mining on Monday, April 27th, 2009
Its become common practice and a rather dynamically growing belief that foreign aid to Africa should be met with skepticism. In certain instances (concessional loans and grants from foreign governments lacking transparency), this is of course true. However, there are those initiatives, certain not-for-profit organizations that not only have a direct benefit to those on [...]
CFP Contributor David Harris offers a unique perspective on a Chilean example - here, he offers a precedence of what not to do in anticipation of an economic downturn regarding mining exploration.
Although Chile has immense geological potential, lower political risk, and is among the more promising emerging markets in Latin America, its mining industry suffers [...]
Published under
corporate foreign policy,
economy,
mining,
political risk on Tuesday, April 21st, 2009
Slowly but surely there has been a pattern of documented growing investment in Mongolia. Just this morning, China Shenhua Energy Co Ltd, the nation’s top coal producer, stated it was negotiating with the Mongolian government to purchase a coal mine in the country. Shenhua is among several miners including BHP Billiton and Peabody Energy that have expressed [...]
Published under
Africa,
BRIC,
china,
corporate foreign policy,
mining on Thursday, April 9th, 2009
With a background in mining exploration, Corporate Foreign Policy contributor David Harris discusses government intervention in commodity markets to maintain economic competitiveness and speaks out on the need for a privatized mining sector to have an opportunity to thrive in a fair and healthy environment:
As the world’s developing nations continue to industrialize, global consumption of raw [...]