Now we can put all China's world-wide acquisitions of the metal projects in the perspective. This huge stimulus plan for infrastructure development will need a secure supply of metals and China is already on the road to get it!
TNR Gold Los Azules Copper: Chinese M&A - Watch Out For Las Bambas Effect.
"Frik Els provides a very good insight into the Chinese deal culture and mining M&A particularly. Las Bambas deal is not only the very good indicator of the turning mining cycle, but also provides guidance for the smaller companies in China to go on The Hunt For Copper and other commodities. You can witness this approach in our particular case of Strategic Commodities with International Lithium and Ganfeng Lithium as well. Read More."
China And Argentina Forge Mining Alliance.
"A lot of investors are waiting for a change in Argentina this year. The political risk will become the value catalyst one day. China knows it too well and already is scooping up the best projects. We are already there with our projects and even partners from China! Read more."
International Lithium Corp. and Ganfeng Lithium Finalize Joint Venture on Mariana Lithium Brine Project, Argentina.
Jim Mustard VP of PI Financial can provide you with additional information on Los Azules Copper project and TNR Gold assets related to it.
Please read our full legal disclaimer in our presentation and on our website: http://www.tnrgoldcorp.com/
Jim Mustard VP of PI Financial can provide you with additional information on Los Azules Copper project and TNR Gold assets related to it.
Bloomberg:
Premier Li Keqiang’s government approved the projects as part of a broader 400-venture, 10 trillion yuan plan to run from late 2014 through 2016, said people familiar with the matter who asked not to be identified as the decision wasn’t public. The National Development and Reform Commission, which will oversee the projects, didn’t respond to a faxed request for comment.
The move illustrates concern among officials that China’s planned shift to a domestic-consumption driven economy has yet to produce enough growth momentum. The yuan rose, halting a two-day decline, and Australia’s dollar -- a proxy for China due to its shipments of iron ore and other commodities used in construction -- climbed after the news.
“It’s part of China’s efforts to stabilize growth, and the news will help to boost market confidence,” said Julia Wang, a Hong Kong-based economist with HSBC Holdings Plc. “Infrastructure investment will continue to be a major driver for China’s economic growth.” Read more on Bloomberg."
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