The best economic prospects in this region lie in more modestly sized cities like Santiago, the capital of resource-rich Chile, and even Campinas, Brazil, a growing smaller city--with 3 million residents--that lies outside the congested Sao Paolo region.
Last July he had Resource Capital purchase more Molycorp shares in its initial public offering.
The man behind the investment is Ross Bhappu, 50, a partner at Resource Capital.
Decades later, in 2008, Bhappu put together a Resource Capital-led acquisition of Molycorp, based in Greenwood Village, Colo.
Resource Capital Corp shares are currently trading up about 3.1% on the day.
Resource Capital moved in late January to sell part of its Molycorp holdings as the lockup on insider transactions expired.
John Wilson, of Resource Capital Research, says it takes at least five years to develop new mines once the stuff is found.
Bhappu, a 50-year-old partner at private equity firm Resource Capital Funds, has known about rare earth minerals and Molycorp his whole life.
One of the greatest private equity deals going, an investment in Molycorp, belongs to little-known private equity firm Resource Capital Funds, headquartered in Denver.
Resource Capital decided to lead the effort, which ended up including Traxys, Goldman Sachs and Pegasus Capital Advisors, just as prices for rare earth elements tumbled.
He worked at mining firms like Newmont Mining, where he was director of business development, before joining Resource Capital in 2000, working out of its Denver office.
Two years later Bhappu had not forgotten about Molycorp when he attended a 2007 board meeting of Traxys, a metals trading firm that Resource Capital partly owns.
"Everybody gets excited when Bob Friedland is pumping some stock, whether it makes sense or not, " says Ryan Bennett, principal at Resource Capital Funds, a Denver private equity group, who just returned from Mongolia.
Resource Capital has not realized a penny from its investment in Molycorp, which aims to produce rare earth minerals (used in things like electric cars, wind turbines and iPods) at a previously shuttered mine in Mountain Pass, Calif.
That plus a new generation of leaders who understand that capital is a scarce resource.
Both valuable and invaluable, human capital is truly a resource like no other.
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He also made clear to MSPs that the resource to capital expenditure transfers were "internal provisions within the portfolio budgets" and did not mean taking money away from one portfolio and spending it on another.
Ultimately, Human capital is your most valuable resource with your vision comes execution, and being surrounded with the right people to steer your company to success is crucial.
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The only people who now, apparently, have an interest in the accounts of companies are investors and other market participants who are seeking to make decisions on resource allocation within capital markets.
In this view, human capital is treated as an accumulative resource that benefits the organization like any other business asset, providing competitive advantage through a transformation of the unique capabilities of individual employees to superior organizational performance.
Stornoway has several short term milestones they are looking to achieve involving resource expansion, permitting, decreasing capital expenditure numbers and now road construction.
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After sinking a lot of capital into the project of building the shared resource, other companies will be able to set lower prices and undercut the first business out of its profits.
The move comes after the recent approval of the State Council in the capital to list shale gas as an independent mineral resource.
The health secretary also said the real-terms cut to the health budget reflected the cut in "traditional capital spending of 36%" and that NHS resource spending in Scotland had been protected.
Wood Mackenzie, an oil consultancy in Edinburgh, says that more than half of the international oil companies' long-term capital investments are now going into these four "resource themes" a huge shift, considering how marginal the companies once considered them.
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The loss of Aceh's natural wealth would certainly be a major blow to the capital, Jakarta, which sits on the populous but resource-barren island of Java.
No capital expenses, no vast spikes in maintenance costs, no resource and skill requirements.
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An advantage of the resource-based view is its clear analytical framework, where human capital is understood as having four important characteristics: it is valuable, scarce, not easily imitated, and lacks substitutability.
Nobody doubts the resource potential they all hold, but turning that into money needs major capital and technological skills, most of which sits with international oil companies rather than national entities farming out work to service companies on the cheap.
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For example, there is an online resource, Series Seed Documents, that provides insights into how to raise start-up capital.
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