Group Executive and General Counsel of Sino Gold Mining Limited (ASX:SGX), Kevin Hobgood-Brown, has over 25 years experience practicing international commercial and investment law and was one of a small group of international lawyers to work in Beijing in the early 1980′s. He has worked on mining and resources projects throughout China and in other parts of Asia. Sino Gold has been a pioneer of international participation in China’s mining sector, and operates two successful gold mines in China. Prior to joining Sino Gold, Kevin was an international law firm partner, in which capacity he had postings in Beijing, San Francisco, Taipei and Sydney. Kevin was appointed to the Australian government’s eight-member Australia-China Council in 2007 for a three year term. He is the Immediate-Past Chairman of the Australia China Business Council and is a member of the Advisory Board to the China Research Centre of the University of Technology, Sydney. Kevin taught at the Law School of Beijing University from 1983-87. Kevin will talk at the China Australia Business Congress 2009 (Sydney, May 19-20) about some of the practices that have contributed to Sino Gold’s success in China.
“Biggest quarterly fall in export prices since 1974…” following a protracted period of price-gouging by major miners/exporters selfishly making the most out of China’s continuing growth despite the GFC. Now the party is over for Australia….. whether they want to admit it or not, uhh! Fact: China’s current growth depends solely on its domestic market + its own recent economic stimulus investment to keep things going. Fact: The USA is still in the midst of its self-created GFC + has a long way to go before its economy improves. The EU is not much better. Both R effectively still in denial + desperately looking for a way to get off the debt hook they R squirming on….. Fact: Australia relies on China almost as much as the USA does to finance its foreign debt, much of which is the result of profligate household spending on imported consumables – all made worse by the recent economic stimulus package (in particular, the second one which was for still-employed ppl earning up to A0000 per year) + the recent ridiculously unnecessary income tax reductions. Such R the crimes of short-sighted Western democratic governments ever pandering to voters with “middle-class welfare”, uhh. Now the real cost….. And BTW, another FACT: “Asia’s biggest iron ore deposit with reserves of more than 3 billion metric tons was found in China’s northern province of Liaoning, according to a local government….. The Dataigou deposit, located near Benxi city, has material with iron content of …
John Robinson …of Global Mining Investments interview re… the mining industry’s response to the new Australian government’s super resources tax….. (@4.46+ composite video) …the tax overhaul could drive investment overseas, costing local jobs putting billions of dollars in new projects at risk…. mining industry says the tax will decimate jobs and end up making Australia a third world country….. Mining companies contemplate life after super tax www.abc.net.au BHP Billiton Ltd. and Xstrata Plcs expansion and acquisitions plans may stall on Australias plan to increase taxes on mining companies whose profits have surged A billion ( billion) in the past decade. Any probability of mining takeovers proceeding has lessened, Tim Schroeders, who helps manage about .1 billion at Pengana Capital Ltd. in Melbourne, including BHP and Rio Tinto Group, the worlds largest and third-biggest miners, said on Bloomberg TV. It definitely increases the hurdles for prospective buyers in the resources space in Australia. www.businessweek.com Australian mining stocks fell sharply in morning trade today as Treasurer Wayne Swan was accused of “killing his cousin the golden goose” over plans for a new resources sector super tax. In its response to the Henry tax review, unveiled yesterday, the Government announced it would tax mining industry super profits to fund a superannuation rise and a company tax cut. The plan to slap a 40 per cent tax on mining profits spooked investors, as …
According to a new poll, six out of 10 Australians believe the government should block a multi-billion dollar bid by Chinese mining giant Chinalco to increase its stake in Australian-owned Rio Tinto. Al Jazeera’s Aela Callan reports.
Australia’s economy has been buffered from the Global Financial Crisis due to our strong exports to China. With Chinese Steel manufacturers starting to run at a loss, will we see a slow down in our exports to China?
Australia has been one of the beneficiaries of China’s economic growth over the last two years. Despite cooling off slightly during the global economic crisis, China’s continuing demand for raw materials has been a major boost to the Australian mining industry. China’s need for commodities such as iron ore is helping mineral-rich Western Australia lead the rest of the country to recovery. Al Jazeera’s Aella Callan reports from the small coastal town of Geraldton, where plans are under way to build a new deep water port by 2012 to keep up with the demand from China and other emerging economies in Asia.
Westmedia Video Production – Western Australia – Mining Video Showreel 0909 Recruiting Jobs in the mining industry? – mining videos – photography? Mining Video Specialists – www.westmedia.com.au !!!!! Stock Mining Footage available !!!!!
