| BEIJING(Dow Jones)--Global iron ore term prices are expected to rise further next year as the current spot prices are "abnormal", Lian Minjie, general manager of Sinosteel Mining Co. said Thursday.
He, however, didn't say how of a price rise the company expects next year.
Lian's comments at China Mining 2007, a conference of mining industry executives, mirror similar comments by China's Baosteel Group Corp. Chairman Xu Lejiang earlier in the week.
Coming ahead of annual price negotiations between Chinese steel producers and global mining companies to set 2008 term prices, the comments indicate Chinese steel mills acknowledge the tightness in global supplies and are mostly resigned to the fact that they will be required pay even higher prices for the ore they import next... More
Beijing(ABN Newswire) -- China Mining 2007 Conference in Beijing this week has brought the International focus once again to the tremendous opportunities in Asia for the resource sector.
Keynote speakers on the first day included Jane Zhu, Head of Asia Pacific for the London Stock Exchange who delivered an introduction to listing on the AIM market, David Kaiser, Senior Manager for Global Resources at the Toronto Stock Exchange outlining the performance and growth of the TSX, TSX-Venture and Canadian Capital Market, also citing that Chinese companies active on the TSX Exchange are the largest group of companies listed on the TSX outside of the... More
(Mining Journal)You could be forgiven for thinking that Win Win is a prominent Chinese mining entrepreneur. For the past few China Mining conferences he has been the main topic of conversation. You could also be forgiven for thinking you have heard the great and the good say exactly the same thing at the opening address last year, and the year before, and the one before that.
That's not to say that this, the ninth China Mining, is not a good event. If it's Chinese miners you are after, and want to meet an assortment of government types from the Ministry of Land and Resources (MLA), this is where you need to be.
As with most conferences, it is not really about content - although a lot is very good - but its about pressing the flesh. And there is no shortage of Chinese flesh to press. There are more locals than ever, which has got to be good news for the Aussies and Canadians who, as per usual, are here... More |