will probably become even more political in the coming decade. The recent nationalisation of YPF, the Spanish-owned oil company, in Argentina and First Quantum, the Canadian mining enterprise, in the Democratic Republic of Congo is testimony to this new era of resource strife between investors and host gov

demand on it's own, Escondida in Chile could produce 1mnMT/year —5% of world output. Nickel prices reached highs of $16860 this morning on news that First Quantum shut it's 38 kMT Ravensthorpe plant in Australia after a sulphuric acid spill and concerns that typhoon season in the Phillipines will lead to short

ving from a value added tax regime to a royalty model which has been cited as the cause for the closure of the 117 kMT/yr Lumwana copper mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn investment to transform the Chuquica=ata mine into an underground operat

oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat

oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat

oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat

oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat