Book Description
This book sets out the various forms a mining agreement (MA) can take; examines the key role played by national political will in MA negotiation through an analysis of MA evolution in four host-counties (HCs) - Australia, Chile, Indonesia and Papua New Guinnea - all of which are (or have been) particularly attractive countries for foreign mineral investment; explores the main trends in the evolution of MA content over the past 30 years, including the dramatic increase in environmental requirements, the growing concern over natives' rights, and the decrease in economic rent and equity shares; traces the trends' origin in the HCs' political will with the TMCs' need for stability, and explains how to write an MA that will stand the test of time.