USEUROPEAFRICAASIA 中文雙語Fran?ais
    World
    Home / World / Americas

    Chinese companies urged to take measured approach to Canada mining investment

    By Na Li in Toronto | chinadaily.com.cn | Updated: 2017-03-09 13:55

    Chinese companies urged to take measured approach to Canada mining investment

    The exhibition booth of the Ministry of Land and Resources of China is showcased at the Prospectors & Developers Association of Canada (PDAC) 2017 convention in Toronto on Monday. NA LI / CHINA DAILY

    Perhaps Chinese mining companies in Canada should consider taking minority stakes in Canadian companies instead of acquiring them. That was the takeaway at a mining forum on Monday in Toronto.

    "Acquisition of interests in a Canadian public mining company is often a key step to acquiring mining interests throughout the world," said Fred Pletcher, chairman of National Mining Group, Borden Ladner Gervais LLP.

    Pletcher spoke to delegates of Chinese mining industry at the 2017 Chinese Mining Investment Forum. The forum coincided with the first day of the Prospectors & Developers Association of Canada (PDAC) convention, the premier international event for the mineral industry in Toronto, where optimism was voiced that the industry would rebound after a couple years' slump.

    The forum hosted by the Canada China Chamber of Commerce (CCCC) and the China Mining Association (CMA) focused on the Belt and Road strategy and Chinese mining investment opportunities.

    Keith Spence, president of Global Mining Capital Corp and chairman of PDAC International, suggested that Chinese investors in Canada could learn from Japan's 1970s approach in which he said it was "not necessary" to take majority ownership of the Canadian companies.

    The Japanese model that was developed to invest in Canadian resources companies started was involved not only in taking controlling interests, but smaller stakes, ranging from 15 percent to 30 percent.

    "But still having contracted a lot of Canadian companies to sell off-take commodities to the Japanese companies, many Japanese investors have been remained 20-plus years with successful operations," Spence said.

    Here is how Investopedia.com describes off-take commodities: "An off-take agreement is an agreement between a producer of a resource and a buyer of a resource to purchase or sell portions of the producer's future production."

    "Canada is rich in mineral resources, has an open and transparent policy and a prosperous mining capital market," said Cao Jie, managing director of CMA.

    "There are complementary advantages in mining resources and the stock market between Canada and China," said Li Aihua, president of CCCC.

    Previous Page 1 2 Next Page

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    中文字幕在线视频网| 亚洲Av无码专区国产乱码不卡| 国模吧无码一区二区三区| 中文字幕乱码人妻综合二区三区| 精品人妻无码一区二区色欲产成人| 中文字幕在线免费看线人 | 无码人妻少妇久久中文字幕蜜桃| 亚洲AV无码久久精品成人| 亚洲一区精品中文字幕| 免费无码黄十八禁网站在线观看| 亚洲精品无码成人片久久| 中文字幕精品一区二区日本| 亚洲Aⅴ无码一区二区二三区软件| 无码aⅴ精品一区二区三区浪潮| 最近中文字幕免费2019| 人妻中文字幕无码专区| 精品人妻无码专区中文字幕| 日韩精品少妇无码受不了| 日韩人妻无码精品专区| 国产成人三级经典中文| 中文字幕极速在线观看| 精品无码国产自产拍在线观看蜜| 色偷偷一区二区无码视频| 亚洲AV综合色区无码另类小说| 中文字幕丰满乱子无码视频| 中文字幕精品无码一区二区| 国产精品无码久久综合网| 蜜芽亚洲av无码精品色午夜| 无码人妻丰满熟妇区五十路百度| 中文字幕人妻无码专区| 欧洲精品无码一区二区三区在线播放| 狠狠精品久久久无码中文字幕| 国产区精品一区二区不卡中文| 熟妇人妻中文a∨无码| 中文字幕亚洲码在线| 亚洲中文字幕无码一去台湾 | 亚洲va中文字幕无码久久| 无码粉嫩小泬无套在线观看| 日韩免费码中文在线观看| 精品久久久久中文字| 中文字幕手机在线观看|