Behre Dolbear In the News
The EDGE, June 20, 2011
Barney Guarnera featured in THE EDGE Newsletter, Singapore________________________________________________________________________________________
The Asia Miner, Edition 15, 13 April 2011
CHINA - Coal properties to be analysed
China Natural Resources has engaged Behre Dolbear Asia, a subsidiary of Behre Dolbear Group, to perform independent technical analyses of the company's seven anthracite coal mine properties in Guizhou Province, China.
It is anticipated that the analyses will be prepared in accordance with, and will comply with, inter alia, Securities and Exchange Commission Industry Guide 7, which is applicable to the reporting of mineral resources and reserves.
The mines which are the subject of the analyses are Yongsheng Coal Mine, Dayun Coal Mine, Baiping Coal Mine, Dayuan Coal Mine, Linjiaao Coal Mine, Xinsong Coal Mine and Gouchang Coal Mine. It is anticipated that completion of the analyses will occur in about two months.
China Natural Resources' chairman and CEO Feilie Li says “The independent technical reports to be prepared by Behre Dolbear are intended to enable the company to provide useful, transparent and internationally comparable coal reserve information to the shareholders and the investment community.
“We are positive about the prospects for the coal mining industry in China and we will continue to pursue growth through acquisition and consolidation of small to medium sized coal mines.”
China Natural Resources, through its operating subsidiaries in China, is engaged in the acquisition, exploration, development and production of coal resources in Guizhou Province, and the acquisition and exploitation of mining rights, including the exploration, mineral extraction, processing and sale of iron, zinc and other nonferrous metals, extracted or produced at mines primarily in Anhui Province.
“Worldwide, Canada, Australia, Brazil, and Chile will likely remain the best jurisdictions in which to invest in and develop mining projects. Each of these nations will likely continue to see economic growth and mining investment.” This comment comes from a report, 2011 Ranking of Countries for Mining Investment Where ‘Not to Invest’. Most of us will agree with the company’s statement “the mining industry is vital to the creation of wealth and prosperity in any country. Countries that stifle it with detrimental political, economic, financial, and regulatory policies should be challenged to make changes that are more accommodative to its success.” . . .