08.12.2011 - Mining companies should not ignore resource nationalism trends
While focussing specifically on Africa, Kemet CEO Brian Menell's warning to delegates at the Mines & Money conference in London is equally valid across a much broader range of developing nations. Menell's presentation focused on the premise that mining companies risk jeopardising their future growth if they fail to work with governments towards their mutual best interests. "If we as an industry succumb to our natural instincts to rigidly resist any increased state intervention, we will be inviting enforced value transfers that will prove much more costly, than if we engage with genuinely open minds." Mr Menell said in his speech...............................................Full Article: Source
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