University of Sussex
Browse
Assets Gilbert FINAL.pdf (172.45 kB)

Expropriating the future: turning ore deposits and legitimate expectations into assets

Download (172.45 kB)
chapter
posted on 2023-06-09, 13:47 authored by Paul GilbertPaul Gilbert
In this chapter, I draw on ethnographic fieldwork carried out in the City of London between 2012-2014 to explore the valuation techniques that underpin investment in mineral exploration. At the time of my fieldwork, carried out with investors, analysts, consulting geologists and lawyers, the mining market was seeking out new frontiers as established resource-rich jurisdictions became less profitable, or began to show signs of what analysts termed ‘resource nationalism’ (the desire to renegotiate contracts, taxation and royalty rates in terms more favorable to host states). Against this background, the chapter explores the capitalization devices, narratives and durable legal foundations through which mineral deposits are transformed into assets, valued in terms of the future revenue they promise their investors.

Funding

Evaluation Cultures in the Political Risk Industry; G2242; British Academy/Leverhulme Trust

ESRC/Sussex DTC +3 Doctoral Studentship; ESRC

History

Publication status

  • Published

File Version

  • Accepted version

Publisher

MIT Press

Page range

173-201

Pages

338.0

Book title

Assetization: turning things into assets in technoscientific capitalism

ISBN

9780262539173

Series

Inside Technology

Department affiliated with

  • Anthropology Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Editors

Kean Birch, Fabian Muniesa

Legacy Posted Date

2019-03-11

First Open Access (FOA) Date

2020-07-22

First Compliant Deposit (FCD) Date

2018-12-21

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC