Australia and Tanzania have set about shifting the financial and ownership goalposts. In Australia, an insecure ruling party is debating three still-to-be-defined “supertaxes” on mines, with promises of redistributing the proceeds to voters.
Revised political risk indices, anxious investors and an unpopular government. Yes, it’s African mining investors in Australia…. Full story in South Africa’s Sunday Times.
Apologies for the obscure GAA reference.