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Tuesday, 23rd November 2004 (3791 views)

China Nonferrous Metals International Mining (CNMC) has announced it is to begin exploring mines in Malaysia.<BR/><BR/>The move is the result of a license it has been granted to explore mines in a 120 kilometre square area of Kelantan.<BR/><BR/>Zhang Jian, president of the CNMC, told China Daily: "We will send experts and workers to Kelantan and reconnoitring will begin by the end of this year.<BR/><BR/>"We will also work hard to improve the industrialisation of this area, and contribute to the local community."<BR/><BR/>The firm was already given a 66-year license for land use last month for another 40 square kilometre area in Kelantan.<BR/><BR/>According to Mr Jian, the firm has proven reserves for the area, which includes gold and other metals.<BR/><BR/>CNMC has 17 state owned enterprises involved in the exploration and exploitation of metals and has business in Australia, Indonesia and Cambodia.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7137573"/>

 

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