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Rising resource nationalism in Africa ups stakes for miners — report

Posted by ipso facto @ 19:53 on September 24, 2019  

Resource nationalism in mining jurisdictions in Africa is set to increase, but volatility will fall in higher-risk countries, a new report by global consultancy Verisk Maplecroft finds.

Verisk Maplecroft’s Resource Nationalism Index (RNI) serves as an objective barometer of current and future expropriation risks in the mining sector.

According to Verisk’s latest release of its 2019 Q3 dataset, out of the top ten highest-risk ranked countries, Africa holds 4: Tanzania is ranked no. 2, Swaziland no. 5, the Democratic Republic of Congo (DRC) no. 6, and Zimbabwe no. 8.

Tanzania is the biggest mover in the last three years, dropping from ‘medium’ to ‘extreme’ risk.

more https://www.mining.com/rising-resource-nationalism-in-africa-ups-stakes-for-miners-report/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.