The mining sector is always the first to tremble when a new leader is elected. IM looks at a handful of countries in Latin America and sees how it is adjusting to new rules – and how some countries are beating their own path
Governments in emerging economies have always kept a keen eye on their natural resources.
Some countries have had enough power — and independence — to keep other foreign entities away from their resources. Some have not, and have used their natural resources as a pathway to industrialisation to economic beneficiation and, sometimes, to ruin.
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| Salinas Grandes, Argentina |
In Latin America mining policy has always formed a central part of government’s manifesto to power. Would-be leaders of the left appeal to poorer, rural populations arguing for tighter employment laws around projects, for an end to foreign companies carrying out exploitative behaviour.
Right-leaning would...