MRA to attend China meet

Business, Normal

The National, Thursday, June 9th 2011

THE Mineral Resources Authority will be attending an annual international mining conference in Beijing, China, next week.
The conference theme is centred around understanding the Chinese government’s development strategy for its natural resources strategy, building business relationships with Asia and accessing new sources for mining capital within China.
Scheduled for June 14-16, the Beijing Mines and Money 2011 investment conference is already a sold-out event for the organisers as seen  by the attendance of many of the world’s major mining and exploration jurisdictions including PNG.
The MRA will have a booth to exhibit its mineral policies, geological and mineral potential, and mining and exploration regulatory processes among other features.
MRA officer-in-charge Philip Samar will be speaking at the conference on PNG’s mining and exploration investment prospects.
Samar stated that China was already a financial capital for mining and exploration dollars and is confident that with this exposure, sufficient interest can be created allowing the small to mid-level exploration companies in PNG to access this pool of surplus exploration funds within China.
The conference will highlight evolving political, economic and operational environment within China, China’s overseas mining investments, project finance and outlook for investment, mineral commodity supply and demand outlook and the role of foreign companies within China.
Among the attendees would be Chinese and international mining companies and senior government executives.