platforms, enterprises, contraptions, and schema are being put in place... to dump dollars
Japan and Korea "dumped" loads of dollars in Alaska over the decades on fish, timber, LNG, coal, minerals, reindeer horn, tourism, air cargo refueling, etc. Now China is stepping up to play, so that Panda in your pocket may have Team USA content... :0)
US Coeur Alaska signs deal with China National for Kensington gold chinamining.org
Updated: 2010-06-24 09:15
US-headquartered silver and gold miner Coeur d'Alene Mines Corporation said its wholly owned subsidiary Coeur Alaska, Inc. had signed a deal with China National Gold Group Corporation, China's largest gold producer, for around half the projected gold output from its new Kensington gold mine in Alaska.
It is the first agreement of its kind between a Chinese state-owned corporation and a US precious metals mine, Coeur said in a statement on its website late Tuesday US time.
"This represents a groundbreaking level of business relations between the two companies as this new, major gold mine begins the initial stage of its long production life," Coeur Chairman, President and CEO Dennis Wheeler said in the statement.
Note: Couer has a deal with Aurubis AG of Germany to take the other half of this gold concentrate. |