Wednesday, November 22, 2006

Canada woos mine partners from China

From The Globe and Mail

In a renewed effort to woo Chinese mining money. Canada is handling out stacks of detailed geological maps and data sheets to anyone who wanders past its booth at the annual China mining conference in Beijing.

The maps - giving the precise locations of everything from copper and gold finds to uranium and zinc deposits - were quickly snapped up by the scores of Chinese mining executives who crowded around the Canadian booth yesterday.

It was a clear signal that the new Conservative government in Ottawa is throwing open its doors to Chinese miners, despite the political furor over a failed Chinese corporate bid to acquire Noranda Inc. in 2004.