Update in Evergreen website Liang Dong led a delegation to participate in the mining event delegates generally leading career development of African potash that MAG potash project
Published :2013 -3-6
Spring Group Chairman Liang Xiaolei (left) MAG progress report to the members of the delegation of Congo (Brazzaville) Mining Minister Oba (fifth from left) and the Ministry of Mines
Correspondent Ma Yue Chen Zhijun / Wen Chen Zhijun Yu Heng Xiang / photo
MAG potash project in Africa more mature mining investment projects, to lead Africa potash career development.
The global influence of the largest mining investment activities, as well as Africa's largest mining event "African Mining Investment Conference (African Mining INDABA)" 19 session, delegates understand MAG potash project generally reached these conclusions.
It is reported that the 19th session of the African Mining Investment Conference held from 4 to 7 February 2013, in Cape Town, South Africa. MAG company has this year is the ninth consecutive year, the participants, the MAG team participated personally led by Chairman Liang Xiaolei, the main aim of the new publicity MAG company potash project progress, a new image of the company and to enhance exchanges with their peers.
At the meeting, Liang Dong and MAG Investor Relations Director Rich Morrow combine graphic, potash project profiles. After focuses on the construction of the project and the plan. As the project has entered the engineering design stage, delegates hear generally believed that this is the current mature potash project in Africa, leading with development of potash cause in Africa, and contribute to the improvement of the local employment rate and the prosperity of the African region.
During the meeting, Liang Dong and his entourage also specifically called on the Congo (Brazzaville), the Mining Minister Oba, more detail about MAG potash project nearly a year to the progress of the case. After the briefings, Oba Minister affirmed the project, I wish the project construction plan is carried out smoothly.
To promote exchanges, February 5, the spring and MAG Group companies also scenic Mount Nelson Hotel held a cocktail party. The Reception has attracted nearly 100 industry peers (such as Xstrata, Cominco, the Equatorial Company's leadership), the famous lawyer (from Norton Rose) and the financial community (from JP Morgan, Standard Bank, etc.) to participate. At the reception the MAG team with old friends of the mining industry cordial conversation, friendship continues. Also make a new friend for many mining sector, and lay the foundation for future cooperation.
This year's General Assembly of the African Mining Investment grand occasion, the number of participants, more than 9,000 people, after the 2008 financial crisis, the global industry insiders once again to invest in African Mining confident about the performance. Spring Group MAG company to take this rare platform to effectively advertise the company's potash project, widely recognized, at the same time to show the spirit of hard work on a new MAG entrepreneurs. (New MAG, Spring Group to become its new controlling shareholder - Editor's Note: July 2011)
Background
Huge potential for growth in Africa
Many quality resources untapped
As the focus of attention of the global investment industry, Africa has huge potential for growth in the coming decades. The next five years, the expected growth rate in Africa will reach 5.5%, higher than the forecast of world economic growth over the same period. In addition, the African region is rich in natural resources, there are many quality resources have not been effectively develop and utilize, it is worth us well to pay attention to.
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