Australian (ASX) Stock Market Forum

Resource nationalism

even the Tories can't find a replacement for Boris ( let alone one acceptable to the public )
 
but where will they find capable regional administrators , we have certainly discovered the easily distracted , and the incompetent

Certainly a legitimate question as to why would any intelligent, successful, honest, moral, overachiever want to have a career in politics and what it's become.

Don't get me wrong there are plenty of good and smart people in politics but the high quality of person required to do the job well can most likely do better doing something/anything else. Why would anyone wish all that stress and drama upon themselves...... a question that should be formally researched perhaps, the answers might be surprising.
 
I think that ASX-listed explorers with sizable projects in South America or Africa are at risk should the government of the relevant country decide to nationalise ...mineral reserves.

Too much geopolitical instability at the moment and no sign of it ending anytime soon.
The leftist candidate known by some as Lula has won the presidency in Brasil. A product of the 'workers movement', he's been in power before and will likely swing back from the other guy's policies.
 
Not true. On the second one, already. ?

And policy flipflops like fracking bans are back.
let's see if there is a No. 3 before the election ( would Rishi appeal to the voters , if that was our ALP he would be tied and 'cuffed to the rail-line ... maybe the UK Tories are different )

remember it was HIS economic policies that were propelling Boris
 
The leftist candidate known by some as Lula has won the presidency in Brasil. A product of the 'workers movement', he's been in power before and will likely swing back from the other guy's policies.

Latin America has been the centre of resource nationalism in recent years, and left wing political victories such as the one in Brazil are only strengthening this trend. In the midst of a huge global shift towards decarbonisation, countries rich in battery minerals and rare earths are slowly realising the economic power they wield.

Foreign mining companies are starting to find themselves shut out of an increasing number of previously accessible low income and mineral rich countries, so the race to find acquisitions in mining friendly jurisdictions will heat up very soon. Securing future reserves is critical for large miners. With share prices having been beaten down recently, takeovers in the resources sector should increase as bargains appear on the radar of the large cap miners.

 
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