The Chinese Premier has announced today they will have a 10% growth rate this year. This is excellent news for the Australian Mining industry. The Companies under the Image Umbrella are all well placed to take advantage of this situation. They include EMU Nickel joint venture with xstrata where grades of 6% nickel have been discovered , Mangetic Resouses (mau)Iron Ore and Uranium.The Jubuk iron ore project is ready for drilling early January Meteoric Resourses (mei) Gold and Iron Ore. MEI has the Webb gold projectwhich is the largest and most coherent gold response in a 6500km2 regionalgeochemical Survey carried out by the Geological Survey of Western Australia it has up to 20km of coincident multi- element anomalism. I beleive this will be an exciting year for all these Companies with Image Resourses leading the way with more major discoveries in the Perth and Eucla Basins.
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