Gilbert Chan, the president of NAI Interactive Ltd. spoke at the Cambridge House’s Vancouver Resources Investment Conference on Jan 21, 2019.
Gilbert’s speech covers China’s return to investing in global mining and what it means for mining exploration industry. Chinese Mining state-owned enterprises (SOEs), institutions, and publicly listed companies have invested over $18 billion in mining projects in 2018, almost double that from 2017. Driven by the 13th 5 year plan, the belt and road initiative (BRI) and the Made in China policy, Chinese capital has re-surged to its highest level since 2012.
What metals were invested in? What countries were the target projects in?
Most importantly, what does this mean to investors of exploration mining companies?
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