Africa: Pressure on miners eased

Reuters reported William Bulmer, head of the mining division, oil, gas and chemicals department at the IFC, as saying: "The boom in the commodity prices led to a real resurgence in resource nationalism and participation in mining companies by governments across the world, including Africa."...

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Bibliographic Details
Published inMetal Bulletin Monthly no. 457; p. 10
Main Author Bain, Julie
Format Trade Publication Article
LanguageEnglish
Published London Fastmarkets 01.03.2009
Subjects
Copper
Economic crisis
Foreign investment
Mineral royalties
Mines
Mining
Mining industry
Africa
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Summary:Reuters reported William Bulmer, head of the mining division, oil, gas and chemicals department at the IFC, as saying: "The boom in the commodity prices led to a real resurgence in resource nationalism and participation in mining companies by governments across the world, including Africa." He added: "What we saw was the start of a trend, but in this current market, resource nationalisation will recede."
ISSN:0373-4064