Can we help you find something?

Content type
Categories
Country
Organization Type

Comments

Yes, Governments receiving their stakes in minerals rather than in cash would benefit more mainly because when mineral prices are  very low, the governments could decide to keep their stake of minerals like gold they wouldn’t  sell when their prices are not high enough.

Moreover, Governments in the mineral rich developing countries like Ghana would benefit more replacing royalty with a free carried share in the foreign led mining projects or a share of the foreign mining companies operating in their countries.

A free carried share in the foreign led mining projects gives them a deserved share of the profits plus a free ride on the Boards to learn the organizing and doing of mining business. 

Investing their non-renewable mineral prospects for a small share of the foreign companies operating in their countries benefits them sustainably in the form of shares of profits plus free rides on the Boards throughout the mining projects the companies would be operating worldwide.

Simply because for the mineral rich developing countries lacking the know how to transform their share of non-renewable mineral revenues into sustainable sources of capital for economic growth, it is the investing of their  mineral prospects or their shares of mineral revenues in the mining companies extracting them for shares of the companies operating throughout the world sustainably.

Ghana and other mineral rich developing countries would benefit most and sustainably investing their nonrenewable mineral prospects or revenues for shares of the foreign companies extracting them rather than for non-renewable royalties and taxes the developing mineral rich countries lack  the know how to spend as sustainable sources of capital for economic growth.