March 14th at 12.30 p.m.
Presents a forum with an operator in China
Sino Mining Exec Chairman – Nick Curtis
Sino is China’s First Mining
Foreign Investment Success
Come on in the water’s fine! is the message from the world’s first confirmed mining foreign investment success in China’s minerals sector. It sounds astonishing but Sydney former Macquarie Bank director – and now Sino Mining Ltd Chairman – Nick Curtis rates China as the best place in the world to mine? Have we missed something here! It certainly looks like it.
Sino Mining is a six-year-old private company with a novel genesis. Nick Curtis started work in China establishing a subsidiary for CNNC the China National Non-ferrous Corporation (~1 million employees). With successful transactions came trust, and, not to steal too much of Nick’s thunder, a very neat Australian-controlled gold mining company with profitable gold and nickel production. The Chinese government’s holding of 33% and the balance is owned by US and Australian private investors. And he says Sino got there without ever presenting a red envelope to facilitate. Despite visible failures like the Zen Resources Ltd’s foray into China, Sino is now producing 110,000 Oz of gold a year and eyeing 400,000 Oz within five years. China produces 175t of gold a year and may not stay the world’s 4th largest producer for long. Nick says he is keen for more Australians to go to China. In fact his other company Lynas Corporation Ltd plans to ship the concentrate from its WA Mt Weld platinum concentrates to China for toll processing. The presentation will illustrate for you how to do it in China and if you get interested you could get you in an upcoming Australia-China investment mission to China and travel with all the right contacts and representatives. Many of the deposits are pre-drillied or pre-developed and are held back only by a lack of capital and some expertise. A fascinating success story. Not to be missed!
The Forum is held at the Tattersalls Club at 181 Elizabeth St, Sydney (adjoining the Sheraton on the Park). There has been a relaxation of dress rules at the Tattersalls Club so ties and jackets are no longer required.
Thank you for supporting your Sydney Mining Club and for your interest in the current affairs and issues that drive our industry.
Booking Information for 14th March 2002 Fax bookings to 02 9416 2583 E-mail to: ausimm@lec.net.au
(Other inquires call 02 9416 0666 and ask for Sharon Johnson) |
RECEIPT FOR SYDNEY MINING CLUB FORUM…. ABN 59 836 002 494 |
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Costs AusI
MM, SMEDG, AIG Member=$30 Non Member=$35 AusIMM Student=$10
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Payment Details …….. members @ $30 per person …….. non members @ $35 per person ……. students @ $10 per person TOTAL TO PAY (incl GST) $ ……………. Please note any bookings received after close of business on the Tuesday prior to the lunch will automatically be charged a late fee of $10 per person. Name on Credit Card: ………………….
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RSVP BY 5pm, Tuesday 12th March 2002 Note: late bookings $10 extra!!
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The Tattersalls Club is at 181 Elizabeth Street Sydney adjoining the Sheraton on the Park. There has been a relaxation of dress rules at the Tattersalls and ties and jackets are no longer required (but do wear the rest).
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