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China Investing in More than Mining in Australia
 
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Chinese investment has moved from mining to property, the travel industry and infrastructure -- things like roads, bridges and ports. Originally published at - http://www.voacambodia.com/media/video/2874308.html
Dirty Business: How Mining Made Australia - Full Documentary
 
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Millions trust Grammarly's free writing app to make their messages, documents, and posts clear, mistake-free, and effective. Sign up today. It's free! https://bit.ly/2F5Fuey Dirty Business: How Mining Made Australia is the history of Australian mining. It portrays how over the last 150 years mining has made Australia rich, yet created an unending struggle over who shares in the wealth. It reveals how mining helped forge democracy yet has repeatedly plotted to influence politics and even overthrow democratically elected leaders. Whilst mining has also been deeply damaging to Aboriginal society, ironically in the 21st century, it may be aboriginal people's best hope of economic self-determination.
Views: 100316 Sterling Documentaries
Australian miners welcome Chinese money
 
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The Association of Mining and Exploration Companies says China is becoming an attractive investment partner for Australia's resources sector.
The price of gold: Chinese mining in Ghana documentary | Guardian Investigations
 
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Ghana has had a gold rush but here, Afua Hirsch discovers how Chinese immigrants are profiting from industrialising the country's small-scale mining industry. She sees for herself that, for the many locals who chance losing life and limb for a piece of the same pie, the risks are rarely worth it, and explores where the responsibility for regulating this industry lies. The price of gold: Chinese mining in Ghana documentary Subscribe to the Guardian HERE: http://bitly.com/UvkFpD Afua Hirsch reports on Ghana's gold rush in a film that discovers how Chinese immigrants are profiting from industrialising the country's small-scale mining industry. She sees for herself that, for the many locals who chance losing life and limb for a piece of the same pie, the risks are rarely worth it, and explores where the responsibility for regulating this industry lies.
Views: 3004992 The Guardian
Inside the murky business of cobalt mining in DR Congo
 
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Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Cobalt is an essential component of batteries for smartphones and electric cars. Around 60% of it comes from just one country, DR Congo – and most of the metal is exported to China. But there are ethical concerns: Amnesty International says children and adults are mining cobalt in extremely hazardous conditions. Meanwhile, around a quarter of the cobalt extracted in DR Congo is sold through the black market. This report is from our France 2 colleagues, with Erin Ogunkeye. A programme prepared by Florence Viala, Gaëlle Essoo and Claire Pryde. http://www.france24.com/en/reportages Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 35543 FRANCE 24 English
🇦🇺 Australia's boomtown curse | 101 East
 
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Australia is blessed with rugged beauty and a wealth of natural resources - including coal, iron, natural gas and gold. Such minerals are powering Australia's economy to record highs. And as demand from China for more resources grows, new mines continue to open across the country. But critics say there is a dark side to this success story. Mining regions attract transient workers keen to make a quick buck, creating social and environmental problems and a rising crime rate. Mines are also draining Australia's pool of skilled labour from other industries and driving up wages. 101 East asks: What is the cost of Australia's mining boom? Here Australian 101 East fixer Sian Gard takes us behind the scenes of the 12-day film shoot with reporter-producer Chan Tau Chou and cameraman Lee Ali. When you travel what is the worst thing that could happen? Some might say missing a flight, others might say you get crammed into the centre seat on a full flight. But when you are part of a film crew, one of the more difficult challenges is travelling with 181 kilogrammes of camera equipment. When an international film crew from Al Jazeera English calls you and says they want to come to Australia and film a story about the mining industry in two weeks time, the first thing you say is "I would love to be a part of this incredible story". The second thing you do? Start working fast. The scope and depth of the mining industry, its impact on the country and the state can be broken down into small digestible chunks as political, economic and social, but the bigger picture is a great deal more complicated. The Australian mining industry has seen exponential growth over the last 10 years with increasing exports to China. Western Australia, considered the economic hub of the country, now holds the nation's purse strings and is host to some of the world's most influential mining and resource sector companies. Perth, considered the second-most isolated city in the world, has seen changes on many fronts that not only includes an increase in resource dollars but a higher cost of living, a politically strong liberal state government and increasing financial disparity between mining and resource sector employees and everyone else. So how does one get all these issues into one story? You make phone calls and lots of them. One-hundred-and-eighty-one kilogrammes of camera equipment and an introductory dinner later, we are off filming in Perth and Karratha. We have 12 days to interview a range of people invested in the mining and resources sector in various ways. Finance experts, counsellors who see the downside of living a Fly-In-Fly-Out (FIFO) lifestyle, business operators who say their home towns are dying due to the mining industry and police who are left to clean up the alcohol and drug fuelled mess from workers blowing off steam. The biggest challenge of a shoot on this scale? Distance, time and getting people to talk on camera. Logistically, organising a film shoot for a crew that is flying from Malaysia to Perth in western Australia and then Karratha in the north-west of western Australia, with budgets and deadlines is exciting, fun and a challenge. Accommodation, hire cars, flights, places to eat, filming permissions and scheduling interviews, your world becomes one mission and one only. Get what the film crew needs so that the story is done. Karratha in the north of the state is a 22-hour drive by car or a two-hour flight on one of two commercial carriers that fly every hour to the isolated desert town. After checking in with 181 kilogrammes of camera equipment or 13 cases of luggage and arriving in Karratha, we unpack and our long days begin. The strain of putting together a half-hour documentary in a foreign country and dealing with tight deadlines can put a great deal of pressure on any crew. People generally get tired, they snap and sometimes when you are confined to a small space for hours on end (i.e. a car that is loaded to the roof with camera equipment) the last thing you want to do is see the people you are working with. But Chan Tau Chou and Lee Ali approached the long stressful days with humour, grace, professionalism and the ability to sleep in the most unusual locations (on top of windy rocky outcrops). Filming in the north-west was a whirlwind of driving long distances, climbing rocky terrain, rising at 4am and falling into bed at midnight with back-to-back interviews in between. I am excited to see the final product of Australia's boomtown curse. I think it is a story that people need to hear about. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 95850 Al Jazeera English
Australia wary as China targets mining giant - 07 Apr 09
 
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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.
Views: 12234 Al Jazeera English
Big companies will survive as mining boom dwindles
 
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The panel discusses how much investment in mining Australia will see as the Chinese economy slows down.
Mining Jobs | 9 News Perth
 
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WA's mining industry is heading for a skills shortage, with 20 thousand new jobs available over the next two years. Elizabeth Creasy was invited into Rio Tinto's high-tech control centre to see the jobs of the future. #9News | http://9News.com.au Join Nine News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. For more head to: https://www.9now.com.au/nine-news-perth Like us on Facebook: https://www.facebook.com/9NewsPerth/ Follow us on Twitter: https://twitter.com/9NewsPerth Follow us on Instagram: https://www.instagram.com/9newsperth/
Views: 1788 Nine News Perth
A Commitment to the Mining Industry - Chinese (中国版本)
 
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Today, the demand for mined materials is greater than at any other time in history. World development and increased urbanization are driving sustained dependence on minerals, metals and coal. Energy usage is expected to increase significantly in the coming decades—placing even more emphasis on supply, security, cost and environmental impact issues. As the demand for commodities grows, mining companies need a partner to support them in their efforts. A partner who understands the issues important to the mining industry — like safety, sustainability and productivity. And a partner with the equipment, technologies, end-to-end services and solutions to support their operations. Caterpillar is committed to being that partner.
High-Tech Mining: Australian company uses tech to cut costs
 
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Subscribe to us on Youtube: https://www.youtube.com/user/CCTVcomInternational Follow us on: Facebook: https://www.facebook.com/cctvcom Twitter: https://twitter.com/cctv_english Instagram: http://instagram.com/cctvenglish Weibo: http://weibo.com/cntvenglish
Views: 556 CCTV English
US Mining Companies Show New Interest in Rare Earths
 
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I'm Mario Ritter with the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish Today we continue our report on the group of chemical elements known as rare earth metals. These are mined from the earth and used to make technology from mobile phones to missiles. The United States once led the world in rare earths. Today China controls almost all production. Premier Wen Jiabao says China will not use these metals as a diplomatic weapon. But Japan says exports meant for that country have remained at Chinese ports as a result of a recent dispute. The United States stopped mining rare earths in two thousand two. Companies blamed environmental rules and low-priced imports from China. But now exploration is moving forward again. Edward Cowle is president and chief executive of a company called U.S. Rare Earths. He and his partners gained rights to some land in the American West about fifteen years ago. They had been interested in thorium -- a radioactive element that can fuel nuclear reactors but not be processed into weapons. Mr. Cowle later found that the land also held a lot of rare earth metals -- lately a subject of intense interest. The company has not started mining yet. It still has to get permits and work with other businesses to put operations in place. Ed Cowle says a lot of work remains. He says the earliest that they could open the mine would be in six to seven years. Another American company is Molycorp. Jim Sims, the public affairs director, says Molycorp has already begun producing three thousand tons of rare earths a year. That makes the United States the world's second largest producer, a distant second. Mr. Sims says Molycorp is the western hemisphere's only producer of rare earth products. The company says the largest reserves of rare earths outside of China are in its mine in Mountain Pass, California, and in the Mount Weld area of Australia. Jim Sims says Molycorp spends only about ten percent on mining. The big cost is in chemically separating the rare earths from the minerals that carry them. He says Molycorp raised about three hundred eighty million dollars when it sold stock to the public for the first time in July. The company aims to increase production to twenty thousand tons by two thousand twelve. It says that would more than meet current levels of demand in the United States. For VOA Special English, I'm Mario Ritter. (Adapted from a radio program broadcast 15Oct2010)
Views: 36505 VOA Learning English
Mongolia's Mining Boom (2012)
 
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The Big Dig: Mongolia is the new frontier in a massive, break-neck speed resources rush. But as it races to take advantage of Chinese demand, helped along by Rio Tinto, what is it getting from digging up the steppes? For similar stories, see: The Children Risking Their Lives In Underwater Gold Mines https://www.youtube.com/watch?v=P1L_pxYZVwE Is Bolivia's Lithium-mining Industry Expanding Beyond Its Control? https://www.youtube.com/watch?v=P7bKoAaHXqw Is Space Mining Set To Change The World? https://www.youtube.com/watch?v=IKAQmE1Iexw Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_center?add_user=journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/5694/the-big-dig Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanVOD https://twitter.com/JourneymanNews Follow us on Instagram: https://instagram.com/journeymanpictures Genghis Khan must be rolling in his grave as foreigners arrive in Mongolia to plunder his once mighty domain. Australian miner Rio Tinto is about to open one of the biggest copper mines on the planet in Mongolia, which will soon account for more than 30% of the country's entire GDP. "Some of the optimistic geologists we have say that this business could run for up to 100 years", Cameron McRae from Rio Tinto explains. But the company only cedes the Mongolian government a 34% stake, provoking worries about where the benefits of Mongolia's resource wealth will go. There's concerns the government is ill-equipped to strike complex mining deals in the national interest. "The deal is a financial transaction and whether it's really beneficial to Mongolia, I have many doubts about that", argues Dorjdari from the Responsible Mining Initiative. Environmentalists also worry that the mining push has come so fast and so aggressively that proper checks and balances are not in place. "Most tourists come to Mongolia because they want to see that pristine open space blue sky, but what if we couldn't offer it anymore?" ABC Australia – Ref. 5694 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 33971 Journeyman Pictures
CANADIAN AND CHINESE MINING COMPANIES ACCUSED OF ABUSE IN MYANMAR
 
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[email protected] : CANADIAN AND CHINESE MINING COMPANIES ACCUSED OF ABUSE IN MYANMAR "NOW26" 11-2-58 ----------------------------------------­--------- website : http://www.now26.tv facebook : https://www.facebook.com/NOW26TV twitter : https://twitter.com/NOW26_ktnews google+ : https://plus.google.com/+Now26Tv youtube : http://www.youtube.com/user/NOWTV26
Views: 129 Spring26
Proposed $20 billion energy takeover by Chinese firm CKI – the consequences
 
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ASPI Executive Director Peter Jennings outlines the near monopoly Chinese firms will gain over Australia’s energy and gas distribution if the proposed $20 billion takeover by Hong Kong based firm CKI of APA is allowed to proceed.
Views: 4819 ASPICanberra
Why Is China Investing Billions in Africa? | NowThis World
 
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China has invested billions of dollars into the continent of Africa to build massive infrastructure projects in African countries. Much of this infrastructure is part of China’s Belt and Road Initiative, an estimated 1 trillion dollar plan to connect the country to trade routes all over the world. » Subscribe to NowThis World: http://go.nowth.is/World_Subscribe » Watch the Previous Episode: https://go.nowth.is/2LhNmtv While China’s Belt and Road Initiative was only proposed in 2013, the country’s first infrastructure project on the African continent was built decades ago. The TazaHra railway, completed in 1976, was built to connect copper mines in Zambia to Dar EH Salaam, Tanzania’s former capital. The TazHara railway was the first infrastructure project built on a pan-African scale. China’s Belt and Road projects will be designed to create new trade routes within and between African countries. In 2017, a Chinese firm opened a railway network in Kenya, connecting its capital Nairobi to the port city of Mombasa. There are already plans to extend this network into South Sudan, Uganda, Rwanda and Burundi. Many observers worry that African countries won’t be able to pay back these debts, placing them in what’s been called a quote “debt trap.” But others think that as African countries rise economically, they could actually have the upper hand by the time they negotiate payments back to China. This explains why African leaders have been so confident in calling Chinese investment a “win-win.” But is China’s investment in the continent actually a “win-win” as some African and Chinese leaders have said? OR is it just a new form of colonialism on a continent that’s experienced so much of it? In this episode, we’re examining China’s Belt and Road Initiative and what it might mean for Africa. Connect with NowThis » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like us on Facebook: http://go.nowth.is/News_Facebook » Tweet us on Twitter: http://go.nowth.is/News_Twitter » Follow us on Instagram: http://go.nowth.is/News_Instagram » Find us on Snapchat Discover: http://go.nowth.is/News_Snapchat Connect with Judah: » Follow @judah_robinson on Twitter: http://go.nowth.is/TweetJudah » Facebook: http://go.nowth.is/LikeJudah Connect with Alex: » Follow @AlexLJanin on Twitter: http://go.nowth.is/TweetAlex » Facebook: http://go.nowth.is/LikeAlex Connect with Versha: » Follow @versharma on Twitter: http://go.nowth.is/TweetVersha » Facebook: http://go.nowth.is/LikeVersha NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. http://www.youtube.com/nowthisworld
Views: 212895 NowThis World
Australian companies set sights on SW China
 
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China's southwest province of Sichuan has signed a new trade agreement with Australia. More than 200 Australian companies were represented at the meeting with Chinese government heads which aims to boost business ties.
Views: 212 New China TV
Australian goldmine welcomes Chinese investment
 
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The Western Australian government marked the 30th anniversary of a major gold mine by welcoming recent Chinese investment in the operation.
Views: 415 New China TV
Is China using debt-trap diplomacy to wield its influence around the world? | ABC News
 
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China is pumping billions into developing countries around the world to help fund and build major infrastructure projects. President Xi Jinping flagship economic policy, the ‘One Belt One Road’, initiative is billed as a transformative global trade network with China at its centre that Beijing says will bring prosperity to developing nations. But is China’s use of concessional loans leaving some countries overwhelmed by debt – and is their sovereignty at risk when they’re unable to pay it back? Read more here: https://www.abc.net.au/news/2018-11-10/the-profit-and-pitfalls-of-china-in-zambia/10452430 For more from ABC News, click here: http://www.abc.net.au/news/ Follow us on Twitter: http://twitter.com/abcnews Like us on Facebook: http://facebook.com/abcnews.au Subscribe to us on YouTube: http://ab.co/1svxLVE Follow us on Instagram: http://instagram.com/abcnews_au
Views: 25647 ABC News (Australia)
China's economic might divides rural community
 
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AUSTRALIA CHINA REACH Near Gunnedah - September 12, 2012 1. Close of a canola field 2. Wide of billboard reading "The Liverpool Plains. A Natural Treasure. No Coal Seam Gas" Narrabri - September 11, 2012 3. Pan across machinery at mine 4. Close of wells at mine site Boggabri, Northwest of Gunnedah - September 11, 2012. 6. Wide of mine 7. Wide of trucks driving in and out of mine Narrabri - September 11, 2012 8. Wide of coal near mine 9. Wide of double-trailer truck outside mine Near Gunnedah - September 12, 2012 10. Wide of truck crossing over railway line 11. Various of sign of koala Liverpool Plains, South of Gunnedah - September 10, 2012: 12. Tracking shot of fields (shot through car window) Near Gunnedah - September 12, 2012 13. SOUNDBITE: (English) Andrew Pursehouse, Local Farmer: "We have massive issues with this mine being in this valley. This is a prime food bowl for not only northwest New South Wales (state) but all of Australia. There's too much risk involved in farming prime agricultural land like this for mining. We have huge underground aquifer networks ranging from aquifers that supply stock, domestic and towns right through deep layers of alluvial aquifers that provide water for irrigation purposes." Gunnedah - September 9: 14. Various exteriors of the Shenhua office building Gunnedah - September 10, 2012 15. SOUNDBITE: (English) Adam Marshall, Former Mayor, Gunnedah Shire Council: "One of the big criticisms in the exploration phase is the uncertainty it provides for all the landholders within that exploration area - they don't know whether there's going to be a mine there or not, they can't sell because no one wants to buy a property that's within an E.L. (exploration license) because you don't know what will happen, they don't know whether to invest any capital back into their property - it's really a state of flux for five or six years. What Shenhua have done is just said: 'Well, we'd like all this land; if you want to sell; we're happy to buy at three, four, sometimes five times the market rate and you can lease back the property for virtually nothing for as long as you want until we need the land." Liverpool Plains south of Gunnedah - September 11: 16. Various of coal train Narrabri - September 11: 17. Various exteriors of new mining camp 18. Various exterior shots of mine LEADIN China's economic might is affecting communities around the world. In rural Australia, farmers are selling their land for big profits to a Chinese mining company, but the decision to sell has divided some Outback communities. STORYLINE: This is picture perfect rural Australia with a sea of yellow canola ripening in the sunshine. But this rural idyll is being carved up by Chinese mining companies that are carrying out exploratory work on the farmland. Soaring coal prices fuelled by China's economic growth have made mining parts of the Australian landscape far more lucrative than farming it. It's one example of how China's emergence as a global trading power may transform countries in ways never before contemplated and not yet fully understood. In eastern Australia, the long-sleepy town of Gunnedah is waking up. Construction workers and surveyors in high-visibility, fluorescent green shirts are a common sight, a constant reminder that the plans to mine are the cause of the economic resurgence. Not everyone is happy. The Liverpool plains are regarded by some as a national treasure. The prospect of mining has divided the town of 12,000. There are fears that coal dust, endless coal trains and damage to the aquifers could forever alter a pastoral way of life, perhaps even make it untenable. Ex-mayor Marshall says sellers told him Shenhua paid several times market value. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/5123ece3658ef820d108bdee502f9678 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 29 AP Archive
Numerous international companies looking to trade with China
 
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One Australian company whose fortunes depend heavily on China's economy is mining giant Rio Tinto, our reporter Ming Tian caught up with Jean-Sebastien Jacques, the CEO of Rio Tinto on the sideline of China Development Forum and started by asking him about the slowdown concerns.
Views: 198 CGTN Africa
China's Rise: its Impact on the Australian Economy
 
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Mr Owen Hegarty discusses the boom of the Australian mining industry amidst the growth of the Chinese economy. Mr Hegarty has been a pivotal figure in the Australian-Chinese business relationship for decades, with some 40 years' experience in the global mining industry, including 25 years with the Rio Tinto group where he was managing director and head of the group's Australian copper and gold business. He is currently a director of AusIMM; a non-executive director of Fortescue Metals Group; vice-chairman of two Hong Kong-listed mining companies, G Resources Group and CST Mining Group; and chairman of Tigers Realm Minerals, a private Melbourne-based company looking to grow a diversified mining group.
Views: 577 AIIAvision
China on their minds
 
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Evidence of a Chinese slowdown is piling up; what response is the RBA weighing up and what about the mining companies...?
Business leader: Belt and Road Initiative offers exciting opportunities for Australian 
companies
 
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Malcolm Broomhead, Chairman of Australia-based mining services company Orica, says the China-proposed Belt and Road Initiative offers exciting opportunities for Australian companies.
Views: 223 New China TV
#Op_Tibet Statement On Operation Against Chinese Mining Companies
 
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Anonymous report on latest operation to target Chinese mining corporations that are causing environmental damage in Tibet. This action is being taken in support of the brave Tibetan people who despite facing genuine risk of being arrested, beaten, jailed and shot are protesting against mining it's destructive and hazardous impact upon the environment.
Views: 291 Ayn Oneemooz
china limestone mining companies
 
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More Details : http://wwa.stonecrushersolution.org/solutions/solutions.html Our Channel : https://www.youtube.com/channel/UCbbRdWA7Go_tqpzKkQkxurw Our Channel : https://www.youtube.com/channel/UCYgMJRtHDsXYizUx8QDellw/ The 2014 All-China Research Team: Metals Mining, No. 1: Yanlin Dec 8, 2014 Its decline of 2.1 since her July elevation was still better than the sector's 7.4 percent loss. Going forward, the analyst prefers Anhui Conch Cement Co., China's biggest cement maker, which is based in Wuhu and holds significant exposure to limestone mining. The company is enjoying growing demand,Sichuan Pingwu China Gold Mining Co., Ltd.The company's main product is crude gold, using oxidized ores as principal raw material and solid sodium cyanide and lime as auxiliary material. The main equipment and facilities include crusher, ball grinding mill, spiral classifier, pressure filter, etc. Manufacturing technique consists of crushing, transporting, ball-milling,Limestone mine to be part of tourism complex in Dalian - Business Feb 13, 2017 An abandoned limestone mine in Dalian, Northeast China's Liaoning province, will be incorporated into a tourism complex to be built by Chinese billionaire Wang Jianlin's Dalian Wanda Group Co. Dalian Tourism Bureau director Li Jingping said construction of the project costing several million yuan wouldAbout Us - China Tianrui Group Cement Company LimitedChina Tianrui Group Cement Company Limited is mainly engaged in limestone mining and utilization, as well as clinker, cement production, marketing, is a leading clinker and cement producer in Henan and Liaoning provinces in terms of production volume。At the same time, the company is one of the twelve nationalChina Drives Global Growth for Calcium Carbonate DemandMay 10, 2012 Ground and Precipitated Calcium Carbonate: Global industry markets and outlook Table of Contents 1 Summary 1 Types, resources and chemistry of calcium 2 carbonate rocks 7 2.1 Types of carbonate rocks 7 2.1.1 Limestone 8 2.1.2 Chalk 8 2.1.3 Marble 8 2.1.4 Dolomite 8 Resources and mining ofRock, Limestone and Clay Mining – Australia Industry Report Need Rock, Limestone and Clay Mining industry data? Industry statistics are available in these IBISWorld Australia market research reports. Click here to view.Artisanal Mining in the People's Republic of China - iied iiedThe real wild card, however, is the industrial minerals and construction material artisanal mining industry. It is hard to find a village without a prefabried concrete, brick, lime or tile manufacturer, all of which use massive amounts of aggregate material, usually mined on a small scale locally. China also has a substantialThe Mineral Industry of China in 2013 - USGS Mineral Resources particularly strong compared with that of other countries. China imported significant amounts of raw materials and transformed the materials into products for export. in 2013, China's economy remained .. gold, graphite, indium, iron and steel, lead, lime, magnesium, China's mining industry is highly fragmented and has.Swelling and breaking characteristics of limestone - Science Direct3Huainan Mining Industry Group Company Ltd., Huainan, Anhui 232000, China. Abstract: The elemental composition, heat expansibility and breaking characteristics of limestone have been investigated with the use of an energy spectrum analyzer, a SEM, an optical microscope and an experimental heat swelling powerThe Mineral Industry of China in 2010 - USGS Mineral Resources China—2010. 8.1. THE MINERAL INDUSTRY OF CHINA. By Pui-Kwan Tse. China ranked second behind the United States as the world's leading economic power, was one of the world's top by 24.5% to $3.7 trillion, of which the mining sector (including .. lead, lime, magnesium, manganese, molybdenum, phosphate.Mining in India - WikipediaThe Mining industry in India is a major economic activity which contributes significantly to the economy of India. The GDP contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% toChina's Mineral Industry and U.S. Access to Strategic and Critical Mar 20, 2015 world. The mining industry in China consists of many small and fragmented companies. China's government seeks to consolidate its mining industry, eliminating obsolete and small reserves; bauxite—small production and reserves; fluorspar—byproduct of lime;
Views: 11 Corro Vens
China Is Secretly Taking Over Zambia
 
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The march of Chinese colonialism in Africa continues, finding yet another target: Zambia. Do you have questions for Chris? Join us on Patreon for an opportunity to have Chris personally answer your most pressing questions in one of our videos and to get other exclusive rewards. https://www.patreon.com/ChinaUncensored Check out our latest spin-off, the China Unscripted podcast! China Unscripted Website: http://www.chinaunscripted.com YouTube: https://www.youtube.com/ChinaUnscripted Spotify: https://open.spotify.com/show/57sUZynslmmkV4qMQ6FvqA iTunes: https://itunes.apple.com/us/podcast/china-unscripted/id1410850500 Stitcher: http://www.stitcher.com/s?fid=210698 Subscribe for more episodes! https://www.youtube.com/ChinaUncensored Make sure to share with your friends! ______________________________ #Zambia #Africa
Views: 292375 China Uncensored
China Steel Hopes to Block BHP-Rio Tinto Merger
 
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http://tantaonews.com/ The China Iron and Steel Association (CISA) is trying to stoke opposition to the planned merger between Australian mining companies Rio Tinto and BHP Billiton, saying the deal would suppress market competition and drive up global iron ore prices.
Views: 265 TantaoNews
🇲🇲 Myanmar's Jade Curse | 101 East
 
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Gold is valuable but jade is priceless, so goes a Chinese saying. For centuries, the Chinese consider jade an imperial stone with mystical properties. Today it is coveted all over China as a status symbol, a collectible and an investment. Demand from increasingly wealthy Chinese drives the value of jade through the roof. At this year's Shanghai World Jewellery Expo, auctioneers put the opening bid for top grade jade items at more than $160 a gram, exceeding four times the price of gold. Intricately designed pieces, made from top grade jade known as jadeite, are viewed as attractive investments despite the lack of scientific valuation methods. In recent years, jadeite has provided better returns than real estate. But the imperial stone delivers a death sentence to treasure hunters in Myanmar, where China's jadeite comes from. Most of Myanmar's raw jade enters a murky black market. Its official revenue from jade exports over from 2011 to 2014 was $1.3bn. But Harvard University's Ash Center estimates total jade sales - including through unofficial channels - were $8bn in 2011 alone, suggesting most of the revenue does not go into government coffers. The Myanmar government will not speak to us on camera. But our investigations reveal a corrupt senior government official who works with businessmen in the illegal trade of raw jade, including helping to falsify tax documents. In northern Kachin state, we follow jade smugglers to the remote Hpakant mining town, the source of the world's best jade. The men are part of the government's border guard force. The officer in charge tells us how he pays off army and police commanders along the smuggling trail to China. Hpakant is out of bounds to foreigners and no foreign journalists have been known to make it there for years. Large mining companies suspended operations here in 2012 after the Kachin Independence Army and the Myanmar government went to war the preceding year, ending a 17-year ceasefire. With peace talks stalling, most companies have yet to resume excavation. Despite the tension, tens of thousands of small time jade pickers have flooded Hpakant to sift through mine tailings, risking life and limb to toil in harsh conditions, hoping to strike jackpot. Some work alone, others in groups supported by businessmen. Their findings often go straight into the black market, forming the unregulated bedrock of the industry today. A dark force fuels their labour. Jade picker Aik San estimates 75 percent of the miners have become drug addicts. They get their daily dose of heroin or yama - a type of methamphetamine - from drug dens around town. It numbs them from their backbreaking labour and helps them work longer hours in the harsh weather. With hidden cameras, we obtain shocking footage from the drug dens, revealing the scale of drug abuse that infests the underbelly of the jade trade. We also find a drug rehabilitation centre in Kachin state with more than 50 recovering addicts from the mining town. One of them, Aung Kyaw Moe, painfully shares how his employer paid him and fellow workers with heroin to get them hooked so they would work harder for their next dose. As the hammer goes down in major Chinese cities for more glitzy jade items auctioned off at record levels, wealthy collectors celebrate yet another treasure possessed. It offers stark contrast to the wretched lives of mine pickers at the bottom of the supply chain, in a land far away. 101 East investigates the jade smuggling trail and uncovers the human cost of the imperial stone. More from 101 East on: YouTube - http://aje.io/101eastYouTube Facebook - http://facebook.com/101east Twitter - http://twitter.com/aj101east Instagram - http://instagram.com/aj101east Website - http://aljazeera.com/101east
Views: 258487 Al Jazeera English
Mining Industry - Minerals Industry in China 1/5
 
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Minerals Industry in China (7 October 2014) This seminar will provide an overview of the minerals industry in China, including prospectivity, licensing and risks. China is geologically and administratively diverse. What do investors need to know about the opportunities and also the watch-outs? Please join our speaker Dr Sun Yonglian, Managing Director and Principal Consultant of SRK Consulting China. Dr Sun has over 25 years’ experience in the industry, and opened SRK’s first office in Beijing in 2005. He possesses considerable experience in evaluating mining projects and due diligence. Speaker Dr Sun Yong Lian, MD and Principal Consultant, SRK Consulting China Yonglian is a Principal Consultant and Managing Director of SRK China. He has over 25 years’ experience in geotechnical and mining engineering in five countries across four continents. He has extensive international mining experience in evaluating mining projects as well as in site investigation, analysis and modelling of geotechnical issues in open pits, underground mines, and tunnels. Yonglian is a fellow with the Australasia Institute of Mining and Metallurgy and a Chartered professional engineer with the Institute of Engineers Australia. What you will learn Geology, prospectivity and opportunities in China High level licensing and legal considerations Unique risks – the importance of Due Diligence
Views: 140 SGXChannel
Australian Mining Companies in Africa
 
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Eleanor Bell Fox, Journalist; Recorded on June 27, 2016 More information about Eleanor's project, Fatal Extraction: Australian Mining in Africa, can be found here: http://pulitzercenter.org/project/fatal-extraction-australian-mining-in-africa The full multimedia presentation can be found here: https://projects.icij.org/fatalextraction/ 2016 Summer Teacher Institute - Global Issues in Local Contexts: Turning International Journalism into Teachable Lessons Conflict and international migration. Consumption and waste. Environmental degradation and conservation. No matter where we live, these issues affect our lives. But how do these issues manifest differently around the world? How do global issues connect to local contexts? How are contemporary challenges handled in different places around the world? And how can we present these important topics to students in ways that will both engage them and connect them to the larger world? This two-day professional development workshop brought together award-winning journalists supported by the Pulitzer Center on Crisis Reporting and digital educational resources created by Pulitzer Center and UChicago to address the incorporation of current global issues in the classroom. The Institute is presented by the University of Chicago Center for East Asian Studies, Center for East European and Russian/Eurasian Studies, Center for Latin American Studies, Center for Middle Eastern Studies, Neighborhood Schools Program, Oriental Institute, and UChicago Engages, in partnership with the Pulitzer Center on Crisis Reporting. It is made possible through generous support from the Title VI National Resource Center grants from the US Department of Education. For more information about future workshops and resources from past events see the UChicago Educator Outreach page: http://educatoroutreach.uchicago.edu/
What is Australia–China relations?, Explain Australia–China relations
 
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#Australia–Chinarelations #audioversity ~~~ Australia–China relations ~~~ Title: What is Australia–China relations?, Explain Australia–China relations Created on: 2019-03-29 Source Link: https://en.wikipedia.org/wiki/Australia%E2%80%93China_relations ------ Description: Australia–China relations, often known as the Sino–Australian relations, refers to the relations between the Commonwealth of Australia and China. The first Chinese consulate in Australia was established in 1909, and diplomatic relations were established in 1941. Australia continued to recognise the Republic of China government after it lost the Chinese Civil War and retreated to Taiwan in 1949, but switched recognition to the People's Republic of China on 21 December 1972. The relationship between China and Australia has grown considerably over the years. Both countries are actively engaged economically, culturally and politically which spans numerous organizations such as APEC, East Asia Summit and the G20. China is Australia's largest trading partner, and has invested in Australian mining companies to help meet the needs of its growing economy. Relations between the two countries began to deteriorate in 2018 due to growing concerns of Chinese political influence in various sectors of Australian society including the Government, universities and media as well as China's stance on the South China Sea dispute. ------ To see your favorite topic here, fill out this request form: https://docs.google.com/forms/d/e/1FAIpQLScU0dLbeWsc01IC0AaO8sgaSgxMFtvBL31c_pjnwEZUiq99Fw/viewform ------ Source: Wikipedia.org articles, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Support: Donations can be made from https://wikimediafoundation.org/wiki/Ways_to_Give to support Wikimedia Foundation and knowledge sharing.
Views: 99 Audioversity
BHP Billiton in Corruption Probe over Beijing Olympics
 
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Mining giant BHP Billion has confirmed today it's being investigated for corruption, over sponsorship deals for the Beijing Olympics. The US Department of Justice and the Australian Federal Police are trying to uncover whether BHP's sponsorship was used to gain advantage in the Chinese market. The US-Australian mining company supplied the materials for the Olympic metals. It also spent millions on official sponsorship and hospitality packages. Among the VIP's it hosted were senior Communist officials and other Chinese company executives. BHP is the largest mining company in the world and China is its biggest market. Business favors such as these are not uncommon in Chinese companies. But in the US, paying for the entertainment and lodging of government officials breaches foreign bribery laws. BHP says it's cooperating with investigations. It says it did nothing wrong and that it complied with US and Australian anti-graft laws. If found guilty in the US, BHP and the individuals involved face up to 5 years in prison and fines up to $2 million dollars. For more news and videos visit ☛ http://ntd.tv Follow us on Twitter ☛ http://twitter.com/NTDTelevision Add us on Facebook ☛ http://on.fb.me/s5KV2C
Views: 428 NTDonChina
Geoff Raby - Interviewed on Doing Business in China for Australian Companies
 
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Dr Geoff Raby, Former Australian Ambassador to China, is a true expert on foreign investment in China. Dr Geoff, since retired from his ambassador role in August 2011, is now CEO of his Beijing-based business advisory consultancy, and has been invited to serve as independent, non-executive director of a number of listed companies with investments in China (mainly resources industry). He is also a guest Professor of Nankai University, Tianjin China, and as Vice Chancellor's Professorial Fellow at Monash University, Australia. Dr Raby's profile: http://www.chinaspeakersagency.com/speaker/geoff-raby/ To engage Dr Raby, please contact us at China Speakers Agency : http://www.chinaspeakersagency.com/
Views: 156 ChinaSpeakersAgency
Sino Iron overview   2018
 
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Welcome to Western Australia's next iron age. Where the industry's long-held dream is now reality; where Chinese capital and mineral processing expertise has combined with Australian mining knowhow to build and run a megaproject of global significance. This is Sino Iron today.
South America’s Lithium Boom: A Blessing Or A Curse?
 
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The Devastating Effects Of Gold Mining - https://youtu.be/wq0p5tnFnWs » Subscribe to NowThis World: http://go.nowth.is/World_Subscribe Bolivia holds the world's largest lithium reserves and mining it could heal the impoverished country's economy. But at what cost? Learn More: In pictures: The world's largest salt flat in Bolivia http://www.bbc.com/news/world-latin-america-34731813 Salt 'n Power: A First Look at the Lithium Flats of Bolivia https://www.scientificamerican.com/article/lithium-flats-of-bolivia/ Tossed Aside in the 'White Gold' Rush https://www.washingtonpost.com/graphics/business/batteries/tossed-aside-in-the-lithium-rush/ Music Track Courtesy of APM Music: "Strings for story telling" More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. Like NowThis World on Facebook: https://go.nowth.is/World_Facebook Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Written by: Jennie Butler Edited by: Alex Esteves Produced by: Cailyn Bradley, Semany Gashaw & Lauren Ellis
Views: 153050 NowThis World
Gov’t explains termination of Chinese firm’s contract
 
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The Winding Up Commission tasked with investigating the breach of contract by Tibet Hima Mining Company which was mining copper in Kilembe Mines has recommended that the concession agreement should not be renewed. The Chinese company was awarded the contract in September 2013. The report was presented to the Minister of Finance Matia Kasaijja in Kampala. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 435 NTVUganda
Is the Global Tide Turning Against China? | Clive Hamilton
 
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The CCP's tactics have been exposed! Clive Hamilton, author of Silent Invasion: China's Influence in Australia, sits down with us to discuss how governments around the world are tackling China's attempts to undermine democracy. Featuring US China trade war, President Donald Trump, Huawei, New Zealand and Canada, and what the future holds. Check out the China Unscripted podcast with Clive Hamilton! https://youtu.be/8CeLjJTpyUk YouTube demonetizes our channels! We need your support!! https://www.patreon.com/ChinaUncensored We also accept bitcoin! http://www.chinauncensored.tv/bitcoin/ Make sure to share this video with your friends! __ Subscribe for updates: https://www.youtube.com/ChinaUncensored?sub_confirmation=1 __ Twitter: https://twitter.com/ChinaUncensored Facebook: http://www.facebook.com/ChinaUncensored Instagram: http://instagram.com/ChinaUncensored or check out the China Unscripted Podcast! http://chinaunscripted.libsyn.com/ __ © All Rights Reserved.
Views: 263166 China Uncensored
BITCOIN MINING Bitcoin24Mining The Largest bitcoin mining company in Asia and Australia.
 
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Hi all, my name is Susan, if you curious about bitcoins and Ethereum, here is a great place to start bitcoin mining today. 13% discount for the promotion. This is the trend, this is bitcoin. https://www.bitcoin24mining.com/ keywords: Bitcoin, Bitcoin Mining, Ethereum Mining
Views: 1898 Susan Dean
Updates from Roskill's inaugural Lithium Mine to Market conference in Perth, Australia
 
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Roskill's inaugural Lithium Mine to Market, Australia 2019 conference opened this morning in Perth and will continue tomorrow. Oliver Heathman, manager of mining research and cost modelling at Roskill, catches up with Proactive's Danielle Doporto from the Perth studio to discuss all of the hot topics and emerging trends relating to lithium, in Australia and around the world.
Guinea's Chimpanzees on the Brink: Bauxite mining and Chinese dam drive chimps from their habitat
 
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Guinea is home to about half of the world's critically endangered western chimpanzees but a bauxite mining boom is driving the chimpanzees from their habitats in Guinea's Boké region. To compensate, two mining firms agreed in 2017 to fund the establishment of Moyen-Bafing National Park, home to an estimated 5,300 chimpanzees. The national park is itself threatened by a bauxite mine and a proposed hydroelectric dam — projects that could kill as many as 2,800 of the great apes. #Guinea #Chimpanzees #Mongabay .
Views: 655 Mongabay
First contingent of 200 American troops arrive in Darwin on 3rd April 2012
 
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from http://defence.viotv.com/?mediaId=927763fb-daad-4a94-8ea0-ed8403418d61 See also http://www.youtube.com/watch?v=WGZHvyUhxLQ It's not just the Muslim Indonesians on our backdoor that are a threat. A much bigger invasion is already underway - from China. China needs our raw materials. And if there is a World War China now believes that America is weak and that Australia is her stomping ground. China is buying our raw material companies. Our government and industry is being sold to the Chinese communist controlled state companies. Australia is being taken over. When war comes China will send troops to protect her mining interests in Australia. America has sent a pathetic contingent of troops to Darwin. And it wasn't Indonesia that complained but China! So China considers Australia, her turf. Wake up. The links below are part of my next blog article titled "Israelite Exodus from Australia" that I put together. Check my website for details... http://www.10losttribes.com/1/post/2012/04/israelite-exodus-from-australia.html Revival is coming but it isn't going to save Australia, It will save the remnant of Israel and the nations called by His name. Then we will have a world war to contend with. No Rapture for sleeping lawless Christians just yet. VIDEOS CHINA BUYING UP AUSTRALIAN MINING INDUSTRY http://www.youtube.com/watch?v=WGZHvyUhxLQ AMERICA SENDS 200 TROOPS http://defence.viotv.com/?mediaId=927763fb-daad-4a94-8ea0-ed8403418d61 ARTICLES CHINA THINKS AUSTRALIA IS HER DOMAIN NOT AMERICA's http://www.forbes.com/sites/raykwong/2012/04/04/china-doesnt-think-the-u-s-is-that-awesome/ WHY AMERICA SENDS TROOPS TO DARWIN http://www.theatlantic.com/international/print/2011/11/5-lessons-of-us-plan-for-a-permanent-military-presence-in-australia/248266/ CHRISTIAN COMMENTARY ON CHINESE AMBITION http://www.cogwriter.com/news/prophecy/chinese-upset-enough-about-usa-in-australia-that-its-hinting-about-militarily-hitting-australia/
Views: 1170 10losttribes
Four Rio Tinto staff charged with taking bribes in China
 
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An Australian executive and three other employees of mining giant Rio Tinto went on trial in China, on charges of stealing secrets and offering bribes, in a case viewed as a barometer of China's handling of foreign business. Australian citizen Stern Hu and three Chinese nationals were arrested nine months ago at a time when Rio Tinto was acting as lead negotiator for global iron ore suppliers in price talks with Chinese steel mills. The four were taken into a Shanghai court and out of the public eye. China has not allowed Australian officials to attend sessions dealing with state secrets charges. However Australian consular officials will attend hearings involving the bribery charges. Here consul-general for Shanghai, Tom Connor, was seen entering the court. Rio Tinto has repeatedly said it hopes the case will be handled quickly and transparently and that in the meantime it's business as usual. The trial comes as business analysts have stated that it has become more difficult to do business in China. "In the beginning when foreign companies came to invest in China, they helped to promote the development of China's justice system, but now some foreign companies doing business in China have started to pollute China's political and judicial environment because they use bribery to beat competition in China in order to expand their business to gain huge profits. There are some people who question if foreign companies doing business in China will help to promote China's political system to reform, or help to improve China's judicial system. The impact of foreign companies on China has gone from positive to negative." Lawmakers in Australia have urged their government to push more forcefully for an open trial. Australian Prime Minister Kevin Rudd said that his government would be monitoring the trial closely. "The Australian government will be monitoring Mr Hu's trial very carefully. The second is, we are providing all forms of possible assistance, consular assistance and other forms of assistance to Mr Hu and his family. And the third is, I will say it once again very clearly - China has a different legal system to Australia. China has a different legal system to the rest of the world. The world will be watching very closely how this trial is handled." The maximum penalty for commercial espionage is seven years in prison, if the case is found to have caused extreme damage. The maximum penalty for taking large bribes is five years. Almost all criminal cases that go to trial in China end in conviction.
Views: 1519 AsianCorrespondent
Rare Earth Mining
 
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VOA's Philip Alexiou talks with the President and CEO of Avalon Rare Metals who recently visited the New York Stock Exchange. Don Bubar who leads the Toronto based company talks about the kinds of rare earth metals Avalon will focus on and how China's rare earth supply policy is affecting the metals and minerals market.
Views: 17984 VOA News
Which ASX industry and stock will be impacted by the Chinese economy
 
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Before asking Greg and Chris to share their thoughts on the companies and sectors that will be impacted the most by a volatile Chinese stock market, Shepherd asked attendees which trend they believe will impact the ASX over the next 12 months. 45 per cent believe China will create the biggest impact, followed by rising US interest rates (39 per cent) and oil prices (16 per cent). Greg Canavan believes Australia’s banking sector will feel the biggest brunt from China’s slowing economy. “The Chinese economy has been slowing for four years now. Australia’s big mining companies were the first ones to be hit. Now that the slowdown has worked it’s was into the heart of China’s economy, its the banks turn.”, Greg said. Part of the offset of the China slowdown has been lower interest rates, the impact of which has been a housing boom in Australia. And Australia’s banks have done very well from this trend. Greg added, “If China’s economy slows more than what the market thinks, then the demand for Australia’s exports will slow, which in turn will see Australia’s economy slow down. A slowdown in our economy will impact the housing market and ultimately the banks that lend the money to homeowners.” Looking at Australia’s largest bank, Commonwealth Bank, Greg said the biggest risk is around CBA’s ability to maintain its high dividend. A slowdown in revenue growth or an increase in bad debts will ultimately impact dividends paid by Australia’s Big 4 banks. Chris Batchelor agrees with Greg, adding that Australia’s mining sector will continue to suffer, along with companies selling their goods and services into China. Chris talks through the impact of China on BHP, Australia’s largest mining stock. To wrap up Shepherd asks a question from the audience: A small percentage of the Chinese population actually invest in their stock market. Why then is it so volatile? Watch this video to hear Chris and Greg’s thoughts. How to find top growth stocks was recorded on 17 September 2015 at skaffold.com. ABOUT SKAFFOLD Skaffold tracks and reports on all ASX listed companies, plus thousands of global stocks daily. Forget market jargon and pages of financial data. Skaffold's digital stock research gives you the facts you need so you can easily find the best growth and yield stocks for your portfolio. The stock rating system is like traffic lights for the stock market. With Skaffold doing the hard work for you, you'll have the confidence to make investment decisions without spending hours sifting through confusing financial data. It's the ideal tool for stock market investors, self managed superfund trustees and skilled financial advisors.
Failure—80% of China's Overseas Mining Deals Lose
 
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Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews Over the past decade, the Chinese Communist Party (CCP) has invested heavily in raw materials overseas, but the majority of its trading is losing money. CITIC Pacific invested $10 billion on its Sino Iron project, purchasing an Australian mine producing magnetite iron-ore. Despite costing four-times its initial budget, it may lose hundreds-of-millions of dollars in 2014—after only one year. Experts say the CCP's overseas investments give corrupt officials a perfect opportunity to 'privatize' national assets. The Wall Street Journal (WSJ) says the $10-billion mine that's taken over eight years to develop in Cape Preston is evidence of just how much has gone wrong with China's decade-long push to buy up raw materials worldwide. Citic Pacific and its contractors made a series of blunders, from thinking they could import workers at Chinese pay levels to a botched bet on currencies that forced the company to seek a $1.5 billion bailout from its parent, reported WSJ. WSJ added, China rushed to buy up global commodities as its economy boomed—both to feed its factories and to ensure it wasn't reliant on Western powers for raw materials. …Investments in resources soared to $53.3 billion last year, from $8.2 billion in 2005, according to an investment database compiled by the American Enterprise Institute and the Heritage Foundation, continued WSJ. The head of China's mining association estimated in 2013 that out of all overseas mining deals, 80% had failed. China came late to the global resources boom and often overpaid for assets Western companies had passed over or wanted to sell, says WSJ, adding; China typically paid one-fifth more for oil-and-gas assets than industry average, estimates Scott Darling, Asian regional head of oil-and-gas research at J.P. Morgan Chase & Co. Prof. Wang Jiangsong, China Institute of Industrial Relations: "China lacks technique in overseas mergers and acquisitions." "The West have been doing overseas mergers for hundreds of years, but China has just started; it lacks information on the local policy, laws, management and in social and economic aspects." "Rushing into foreign markets and into acquisitions could turn into a financial disadvantage." Prof. Wang says another reason for overseas investment loss is the privatization of state-owned assets by the political elite. Wang Jiangsong: "How did this budget that was more than three-times the initial amount come to be?" "The overseas acquisitions by state-owned enterprises are not subject to any supervision, like by internal workers, the society, or by legislative bodies." "So theoretically, money laundering through overseas acquisitions is possible; it's a black hole for sure, as it lacks supervision or any effective regulations."   Commentator Yang Hengjun says the CCP's investment has, due to lack of supervision, allowed individuals to gain wealth at the cost of national assets. Yang Hengjun, general manager, Sydney Times: "The main reason is the system and the corrupt officials; everyone, including Zhou Yongkang and his oil group, monopolizes overseas oil investments." "Larry Yung, the former chairman of CITIC Pacific, was one of his allies; they trust only their own people." "The numerous overseas investments have never been led by the Chinese people." Larry Yung is the son of China's former Vice President, Rong Yiren. The CCP's overseas investments are one primary way for princelings to embezzle state assets, says Yang Hengjun. The project leaders are all corrupt, and being overseas, no one can control them; the accounting is just a mess.   Sept. 11—the Hong Kong Securities and Futures Commission (SFC) filed a lawsuit against five former CITIC Pacific chiefs —including Larry Yung—for lying about the company's financial state, which resulted in a loss by equity investors. The Commission sought compensation for 4,500 victims who had lost a combined total of $1.9 billion in investments. 《神韵》2014世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 298 ChinaForbiddenNews
China announces iron ore deal with Aus miner amid deadlock with global giants
 
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(17 Aug 2009) CCTV - No Access China Location and dates unknown 1. Wide of steel mining 2. Iron ore mining 3. Truck at mine 4. Various of iron ore mining 5. Wide tilt up of crane tracks, to cranes at port 6. Digger working at port CCTV - No Access China Beijing - 17 August, 2009 7. Mid of sign reading, "CISA" (China Iron and Steel Association) 8. Wide of exterior of China Iron and Steel Association building 9. SOUNDBITE: (Mandarin) Shan Shanghua, Secretary General, China Iron and Steel Association: "The contract we signed is legally binding, so the company (Fortescue Metals Group) has promised that the price they offer to any Chinese company will remain the same (for each company) this year. I think this is a big step towards creating a universal price, so we reached this agreement." 10. Wide of steel factory 11. Close of production of steel bars AP Television FILE: Tianjin - February, 2009 12. Wide of port 13. Mid of lorries carrying steel containers 14. Mid of steel containers 15. Wide of vessel STORYLINE: China announced an iron ore supply deal on Monday with an Australian miner in an apparent effort to push global suppliers to cut prices in deadlocked contract talks. Australia's Fortescue Metals Group will sell China iron ore for 94 US cents per dry metric ton, the state-sanctioned China Iron & Steel Association announced. That is below the price of 97 US cents agreed to with Japanese and Korean mills for this year's supplies and that major suppliers wanted Chinese mills to accept. But the ore quality is lower and the supply is a small fraction of China's huge consumption, undercutting its importance as a basis for prices. Shan Shanghua, Secretary General of China Iron and Steel Association said this agreement with FMG was a 'big step' towards implementing overall price cuts. Shan told Chinese broadcaster, CCTV, "the contract we signed is legally binding, so the company (Fortescue Metals Group) has promised that the price they offer to any Chinese company will remain the same (for each company) this year. I think this is a big step towards creating a universal price, so we reached this agreement." China is trying to use its status as the world's biggest steelmaker and consumer of iron ore to press suppliers for deep price cuts following two years of hikes totalling more than 100 per cent. Major suppliers agreed to a 33 per cent cut with Japanese and Korean mills this year but Beijing wants bigger reductions. China is trying to reduce reliance on the three global producers - Anglo-Australian miners Rio Tinto Ltd., BHP Billiton Ltd. and Brazil's Vale SA - by reaching out to smaller producers and helping to develop mines in Africa. "The deal breaks the market impasse that had enveloped the Chinese iron ore industry and created uncertainty and risk," Fortescue said in a statement. Tensions over the talks have been fuelled by the detention in July of four Rio employees who Chinese state media say are accused of paying bribes to obtain confidential information on China's negotiating stance. The Rio employees were formally arrested last week on charges of infringing trade secrets and bribery. The deal could give a boost to Fortescue, an ambitious newcomer that has built up production despite competition from Rio and BHPB. Fortescue's promised supply is more than half its annual production of about 35 (m) million tons but equal to just 4 per cent of China's consumption last year of about 450 (m) million tons. The steel industry is vital for China's burgeoning export business. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0de07db2023dcacb1dd8dab900175c0f Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 80 AP Archive
The SPACE MINING EMPIRE? The case for LUXEMBOURG - VisualPolitik EN
 
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The space race is back. Companies like SpaceX or Virgin Galactic have given a new push to the space exploration. But there is more than this: outside of Earth there are lots of natural resources to be exploited. Some asteroids are nothing but flying piles of minerals, water or even natural gas. Both Japan and America have already sent proves to the space in order to retrieve some samples of materials. But… what legislation would cover the space mining industry? What would happen if two companies have a corporate conflict on an asteroid? So far, the country with the most advance legislation on this matter is… Luxembourg! This small country has already a cluster of space mining companies. They are completely determined to lead this brand new industry… but how does this legislation work? Can Luxembourg become a space mining empire? We will answer all of this questions on this video. Other videos at VisualPolitik: Why is Luxembourg so rich? https://www.youtube.com/watch?v=lYLyM4yKofk&t=2s Why did Pope Francis visit Abu Dhabi? https://www.youtube.com/watch?v=GYkMgWWvMpU&t=59s Interesting links: OSIRIS-REx Mission, http://www.nasa.gov/topics/solarsystem/features/osiris-rex.html https://www.youtube.com/watch?v=Py_IndUbcxc https://www.youtube.com/watch?v=7vRM7Ucc8Q8 helium 3 mining www.asteroidmission .org/asteroid-operations/ https://youtu.be/cctx9X__wQg Planetary Resources’ exploration program https://www.popularmechanics.com/space/a20195040/should-we-be-really-be-mining-in-space/ http://www.wired.co.uk/article/international-laws-are-not-ready-for-space-mining https://www.businesswire.com/news/home/20170302005800/en/Luxembourg-ispace- Support us on Patreon! https://www.patreon.com/VisualPolitik And don't forget to visit our friend’s podcast, Reconsider Media: https://www.reconsidermedia.com/
Views: 146492 VisualPolitik EN