Wednesday, March 24, 2010

March

  China has not the same out look as the rest of the world,when it  comes to its mineral resources.
  Although its the largest producer of gold at the moment,it really cares little about  its production,but jealously guards its base and industrial minerals.Any western mineral miner can get a permit to mine gold there and has some freedom as to where it decides to sell its production,but when it comes to the base metal category itis almost impossible to get a permit.The Chinese believe that that asset is best left in the ground.That is why they are now expandng outwards world wide and buying up all  those mineral assets as then they will have their own in reserve. 
Another fallacy is that they need our know how to succeed at mining.This is simply not so,as they have been mining for two thousand years and when they need to know exactly how to mine.
Become a follower of mine on Twitter,then choose those twitterers that suit you the best of my followeres and those I follow to supply you with the  best news and interests out there my twitter address is   http://www.twitter.com/naomibarry 
Simon has just sent me on twitter  an update from JSE DIRECT also I follow CLIVESIMKINS  and ALEX HOGG

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