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China to Invest Billions Dollars in Canadian Mining Company
One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).
CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
Australian Iron Ore Exporter, Fortescue Metal Held Talks With China Investment
Fortescue Metals Group Ltd., Australia’s third-largest iron ore exporter, has held investment talks with China Investment Corp. and Anglo- American Plc. The stock rose 12 percent.
UBS Is Hired for PetroChina’s $5.9 Billion Shanghai Share Sale
UBS AG has been hired by PetroChina Co. to arrange what may become China’s biggest share sale this year, raising as much as $5.9 billion, people with direct knowledge of the decision said.
UBS Securities Co., the China venture of Europe’s largest bank by assets, won a mandate for PetroChina’s share sale, the people said, asking [...]
Venezuela Strengthens Its Relationships in the Middle East
Venezuela has long cultivated ties with Middle Eastern governments, finding common ground in trying to keep oil prices high, but its recent engagement of Iran has become a defining element in its effort to build an alliance to curb American influence in developing countries.
In a visit late last month to Tehran by President Hugo Chávez [...]
