Also, some interesting observations from linked in! (read this with a heavy dosage of salt, all speculation, just interesting observations)
http://au.linkedin.com/pub/lewis-tay/19/318/316
Managing Director at Dynasty Metals Australia Ltd
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Dahui Zhang CEO, Shandong Gold International Mining (Zijin's parent company is Shandong)
wencan zeng Mining at Zijin Mining Group
"Zijin Mining Group Co.,Ltd(the Group, the Company) is a large-scale state-owned mining group with the headquarters located in Shanghang County, Fujian Province, People’s Republic of China. It is the largest gold producer, second largest copper producer, and important zinc, tungsten and iron ore producer, as well as the enterprise with most maintenance of minerals resources in China."
Ivan Hsu Interpreter at Zijin Mining Group ( As a member of Overseas Development Division, mainly responsible for Chinese-English translation of contracts, agreements, letter of intent, speech material for mining conferences (overall words exceed half a million); interpretation of business negotiation; projects investigation etc. )
Shandong Gold Group Co, parent of China’s second-biggest gold producer by value, is looking at investing in gold, iron ore and others metal resources overseas to help ease a domestic shortage of raw materials, Chairman Wang Jianhua said yesterday in an interview in Tianjin.
The company is also seeking copper, nickel, zinc and lead assets, he said, without giving details, though has yet to start talks on iron-ore investments. It’s also looking to trade its shares on the Hong Kong Stock Exchange, he said, without elaborating.
Nov 7 (Bloomberg)
DMA Price at posting:
8.2¢ Sentiment: LT Buy Disclosure: Held
