"I'm sure she'd be better off opening a mine in cambodia...

"I'm sure she'd be better off opening a mine in cambodia "

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KG, lots of doom no gloom when cyclical booms n busts are a natural order of things.

Investors in First World Countries are what I call captive investors. Sure. They can head off to Cambodia. BUT:

1. You have to find a tenanment (that isnt already owned by anyone else) that has something worthwhile mining; &

2. You still have to use expensive Expats along the way, as well as training up locals, etc.

3. You probably have zero infrastructure so you have to build it all yourself.

4. Then there's the "Can I Sleep Well At Night Knowing My Capital Invested Is Safe":

Will the local landholders / local partners / governments play nice over the life of the project?

My common dog sense. Yes we live in a globalised economy but I still think the concept of physical distance between you and your investments is inversely proportional to how well you sleep at night.

Given the choice, Gina would not locate 20-50-100% of her assets to anyhwere on earth cept Oz.