ABSTRACT

This chapter is concerned with the role of foreign investment in the future world supply of copper and the sources of conflict between foreign investors and host countries. * Chapter 10 deals with conflict resolution and the negotiation of mine development agreements, while chapter 11 treats more specifically certain problems of developing countries in exploiting their mineral resources. Much of the discussion in these three chapters will apply generally to investment in nonfuel minerals rather than to copper alone. This is because the problems with which we are concerned are more or less common to all nonfuel minerals and much of the relevant data are not disaggregated by individual minerals, for example, copper, bauxite, iron ore, lead, nickel, tin, and zinc. However, most of our specific examples of investment relate to the copper mining industry.