Nihao and Zijin Mining Alliance - Update 1

Nihao Minerales Resources International, Inc. (PSE:NI) is being rumored for a possible alliance with Zijin Mining in China.

菲律宾镍豪矿业集团欢宴紫金矿业罗映南副董事长

Philippine’s Nihao Mineral Resources International, Inc. welcomes Vice Chairman Yingnan Luoof Zijin Mining Group

本市讯：菲岛镍豪矿业资源国际集团(NiHAO)主席Michael Defensor，总裁洪于程，于日前假座苏菲特大旅社，宴请莅菲律宾访问的福建省紫金矿业集团股份有限公司副董事长罗映南和上海百日铁合金有限公司董事长李成武

News: Chairman Michael Defensor and President Jerry Angping of Nihao Mineral Resources International, Inc., at the event recently held in Hotel Sofitel, warmly welcomed Vice Chairman Yingnan Luo of Zijin Mining Group based in Fujian Province, China and Chairman Chengwu Li of Shanghai Bai-ri Ferroalloy Co., Ltd.  (Source: Market Mirror Facebook)

Nihao wants to become a leading nickel mining and processing company in the Philippines. In line with this goal, the firm will enter into joint ventures, pursue strategic acquisitions while establishing a strong base of Chinese clients. Read More...  (Source : Business Mirror)

Zijin Mining

From Wikipedia, the free encyclopedia

Zijin Mining or Zijin (SEHK: 2899,SSE: 601899) (simplified Chinese: 紫金矿业; traditional Chinese: 紫金礦業; pinyin: zǐ jīn kuàng yè) is a leading Chinese gold, copper and non-ferrous metals producer and refiner in Mainland China. It is one of the largest Chinese gold producer in China. It now operates the Zijinshan Gold Mine, the largest open pit gold mine in China, and other three gold mines in production.

In 2006, Zijin had 49.28 tons of the gold output and the gold produced from mining reached 20.70 tons, respectively accounting for 20.53% of China's total gold production and 11.51% of the gold produced from mining in China in the same year.