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Niger announces nationalisation of its only gold mine
(www.vanguardngr.com)
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At worst, I'd say it's a neutral change. Even the scenarios you've outlined are better than the alternative. But the truth is, we won't know until we know. Simple as that.
For what it's worth, I don't think they are a communist utopia either, and I think people get carried away hyping them up. I just don't think arguing about it is a hill worth dying on.