Re-making Pascua Lama: corporate financialisation and the production of extractive space.

In the context of the rising incidence of displacement and land use conflicts over resource extraction, this article draws attention to changes in the extractive practices of the gold mining industry as a consequence of financialisation. Through a close study of the Pascua Lama gold project in Chile and Argentina, I examine how the industry's adoption of shareholder value maximisation has mobilised alternative forms of rural arrangements between land, resources, labour, and capital conducive to the extraction of financial value. Such strategy, I find, has altered the scale and pace of mineral development and heightened the disruptions conventionally associated with commodity price cycles. The paper contributes to advancing existing understandings of financialisation as a key driver of agrarian and rural transformations within critical agrarian studies. [ABSTRACT FROM AUTHOR]