This Reuters article highlights some African nations pose a coup risk which leads to investors questioning the benefits of investing in major infrastructure such as mining projects. This in a significant geopolitical risk investors need to consider for the growing number of major African mineral projects.
Never say never, but the risk of a Nunavut territorial coup is highly unlikely. Hence any sovereign risk associated with coups for a Somerset Island copper project is extremely low. This is one less factor for future investors to worry about and does add to the attraction of investing in this project.
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