CHINA
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Click here for Chinese Translation. 请点击此处看中文版本 China has clearly demonstrated an enormous global appetite |
Over 100 Projects have been evaluated to date resulting in the signing of a JV Agreement in Shandong in October 2005. Since that time Minsec has successfully obtained a business licence and opened a project exploration office in Shandong, shared by local Minsec staff.
Several other opportunities are at an advanced stage of investigation. Our strategy is to use Chinese personnel, supported by Minsec management, to source and evaluate projects according to the proven Minsec business model and to earn the Minsec ‘Stamp of Approval’.
Minsec first acknowledged China as an emerging industrial giant prompted by the successful negotiation of the Sally Malay nickel concentrate off take agreement in 2002.
Chinese growth and the associated commodities boom is also the driving force behind another of Minsec's key cornerstone investment projects, Tianshan Goldfields Limited. Tianshan Goldfields Gold Mountain Project, in Xinjiang, north west China is located in the Tian Shan Gold Belt, home to some of the world's giant gold deposits.
Minsec became interested in the Gold Mountain property in late 2002, and negotiated the Gold Mountain JV in early 2003. We then vended the asset into Tianshan Goldfields Limited for equity. Tianshan has now earned a controlling interest in the Gold Mountain Project.
For more information on China please phone +61 (08) 9221 7466.
