Some very interesting perspectives stated in the article (thanks Cranium) including the following:-Speaking with *, Matthew Johnson, partner at global resources specialist law firm Allen & Overy, says the opportunities for mining projects are greatly increasing on the continent.
“What we’re seeing is that companies will [carte blanche] go wherever the opportunities are,” Johnson says.
“Our sense of this is that they are willing to take on board perceived geopolitical risks over the potential time delays to get projects off the ground in other jurisdictions such as WA and Canada.
“Part of the attraction of places like Africa – and we’re even seeing it in South America – is the speed of being able to get projects permitted from start to finish much quicker.
“From what we see, they’re still undertaking all of the right environmental impact assessments in much the same way, but there’s also that willingness across the board to process these things quicker than it might be in other, more robust jurisdictions.”
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