China represents one of the last great frontiers for mining companies looking for global possibilities, says Metals Economics Group in China: Emerging Minerals Opportunities.
The study cites three factors which guarantee that the country will continue to benefit from investment by offshore mining companies: the rapid growth of the Chinese economy, its need for foreign capital and up-to-date technical expertise, and the developing interest of offshore business and financial institutions in opportunities there.
It cautions that things move slowly and methodically in China and that a patient approach is required.
Last year, China National Gold said it would begin to consider joint ventures with foreign companies on a limited group of deposits.
The study looks at some 70 copper, gold and lead-zinc prospects, projects and mines. It also looks at agreements with foreign companies and at what other kinds of deals may be possible. The experiences of offshore mining companies active in China are also considered.
The study costs US$7,500 and is available from Metals Economics Group, 1718 Argyle St., Box 2206, Halifax, N.S. B3J 3C4.
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