Australia China Resources Symposium 2012 Chinese Champions NT Wen-Ting Chenece english
1. Overseas Investment Mutual Benefit
Australia-China Resources Symposium 2012
East China Mineral Exploration &
Development Bureau (ECE)
Hong Kong East China Non-ferrous Mineral
Resources Co.,Ltd
Wenting Chen
July 2012
2. ECE Background
• ECE is from economically developed
Jiangsu Province
• Jiangsuis the core area of Yangtze
River Delta in China
---Total area 2,600km2, 1.06% of
China
---Population 77,245,000, 5.8% of
China
---Population density 753 people per
km2, the highest in China
Location of Yangtze River Delta
3. Economy and Resources in Jiangsu
•Jiangsu-Big Economy Province
---GDP accounting for 1/10,2ndin China in 2009
---GDP per capita over US$6000,1stin China
• Jiangsu–Small Resource Province
---Manufacturing is the main support of Jiangsu’s
economy. With the regional economic integration of
Yangtze River Delta and coastal development ascended
as national strategy, Yangtze River Delta will be
established as a key advanced manufacturing base in the
world, which highly depends on the resources.
4. Resource Advantage of NT
• Abundant resources, almost including all of the minerals which could
be developed
Largest manganese deposit in the world
Long gold mining history, expected to continuously discover new gold mine
World uranium resources 40% in Australia, 60% of which in NT
Huge reserves of iron, bauxite, copper, lead, zinc, etc.
Likewise, abundant diamond, gas, oil, coal, etc.
• Vast territory, under-explored
Many resources waiting to be developed, big opportunity for mining investment.
5. Northern Territory and Jiangsu Province
Development and utilization of energy and resources
has entered into a global distribution age
Jiangsu China NT Australia
scarce in resource abundant in resource
ECE
Less competition, larger complementation, broad
space of win-win cooperation
6. History of ECE
Actively
involved in
international
Recent years mining
Jiangsu Eastern development
China Non-
ferrous Metals
Investment
1955 Co.,Ltd was
incorporated
ECE was
incorporated Business model of
Exploration and
Mainly focus on solid development
mine prospecting and integration, and
energy exploration readjust the
industrial structure
7. Basic Information about ECE
•Over 4,500 staff
•8 geology teams, 7 scientific research institutes, 1 post-
doctoral scientific work station, 1 academician scientific work
station, 1 enterprise R&D center and more than 20
subsidiaries specialized in mining, construction, drilling, both
in China and abroad.
•Market area in Xinjiang, Inner-Mongolia, Gansu, Henan,
Anhui, Yunnan, Fujian, etc in China, and extends to Australia,
Brazil, Namibia, Mozambique, Iran, Indonesia, etc.
8. Strength of ECE
•Broad cooperation with research institute and universities
ECE cooperated with CAS, Nanjing University, South East University,
Central South University, SUN YAT-SEN University to co-establish 5
scientific research institute, and invited 7 academicians including Liu
Guangding, 19 Professors to be the senior consultant of ECE
•Undertake a series of national key scientific research tasks
In 2007, ECE became National Natural Science Foundation support unit. In
2008, ECE was approved to establish post-doctoral scientific research work
station and undertaken National Natural Science Foundation projects and
“973”projects
9. Strength of ECE
Scarce resources in mining area---Geological Exploration Technique
• Talent in Geology
From 2007-2010, ECE hired 1050
special talents including 28 doctors
and 295 masters
• Advanced Equipment and
Technique
V8,GDP-32、comprehensive
logging and high performance
drilling machine of 3000m, etc, new
technique such as Seismic data
processing, 3D exploration, seismic
exploration for metal ore
• Solid mine exploration and
Oil-gas exploration
10. International Management of ECE
•ECE’s investment in Australia, Namibia, Mozambique, Brazil, Indonesia, Iran,
Chile and so on.
Completed a gold mine acquisition from Canadian Southwest Gold Inc. in 2008
Completed share subscription in Arafura Resources in 2009
Completed share subscription in Globe Metals & Mining in 2011
Completed share subscription in TNG Limited in 2012
tenements in Namibia with total areas of 14866.1 km2
27
tenements in NT Australia with total areas of 6992 km2
12
11. Why invest in NT?
• Rapid development of infrastructure
• Transparent and sound approval
procedure
• Many geology projects with potential
• Junior companies with prospective
future and new tenements
• Free of charge, world-class geological
and scientific data
• Powerful support of government
12. Future Prospect
• Further investment in Australia
based on local laws, regulations and
commercial practice, aimed at
promoting the projects and ensure
the return of investment, with the
continuously support from the
government and the assistant from
the professional organizations.
• Geological exploration in the
tenements in NT
• Keep looking for new opportunities
13. Wish Australia-China Resources Symposium to be successful
Thanks
Add:No. 26 Daguang Rd, Nanjing
Web:www.china-ece.com
Tel:86-25-84688204