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A different kind of resource nationalism

It may seem a bit odd talking in London about resource nationalism in countries as far away as Tanzania, the Democratic Republic of Congo and Chile. But only last week Robert Friedland of Ivanhoe Mines was saying, controversially, how Chile was a riskier jurisdiction than DRC, so it’s a talking point at the moment for bankers and investors who gather in one of the bars that litter Canary Wharf’s financial district.

A different kind of resource nationalism A different kind of resource nationalism A different kind of resource nationalism A different kind of resource nationalism A different kind of resource nationalism

"Is it getting worse?", asks one, no doubt frustrated by valuation discounts applied to the shares of companies with operations in so-called "dodgy places".