NEW DEVELOPMENTS IN THIRD WORLD MINING AGREEMENTS

Stephen A. Zorn

Natural Resources Forum, 1977, vol. 1, issue 3, 239-250

Abstract: The long‐term trend toward mineral resource development agreements that reflect the desires of developing country governments as well as those of foreign investors is not always clear‐cut. At times, conditions in the market for a particular mineral and general financial conditions may affect the balance of bargaining power between governments and investors. Mr Zorn's analysis of two recent copper agreements, in Panama and Papua New Guinea, shows that foreign investors have been able to achieve favorable provisions for the early return of capital and for ensuring investor control over key management decisions. At the same time, the host governments have won provisions that may increase their ‘take’ from the projects in the longer term.

Date: 1977
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1111/j.1477-8947.1977.tb00063.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:natres:v:1:y:1977:i:3:p:239-250

Access Statistics for this article

More articles in Natural Resources Forum from Blackwell Publishing
Bibliographic data for series maintained by Wiley Content Delivery ().