John Borshoff is managing director of uranium developer Paladin Resources Ltd. He believes that the “resource future in this early part of the 21st century belongs to Africa.” Why?
“Australia and Canada have become overly sophisticated. They measure progress in other aspects of economic development, and rightly so, but there’s been an overcompensation in terms of thinking about environmental issues and social issues way beyond what is necessary to achieve good practice.”
Perhaps we should be relieved that Borshoff is so forthright. Western multinationals have a woeful track record in Africa, though they clearly prefer not to worry about “environmental issues and social issues.”