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Taseko Mines Ltd. Message Board

  • jcbrowns jcbrowns Feb 1, 2010 11:33 PM Flag

    China to make acquisitions ...

    Excerpt from Bloomberg News:

    "Feb. 2 (Bloomberg) -- China, the world’s largest metal consumer, will add to last year’s record $32 billion spending on resource acquisitions as demand for iron ore, copper and oil soars with the fastest economic growth since 2007.

    Chinese companies will hunt for iron ore, coal, oil, copper and gold assets, said Jing Ulrich, the chairwoman of China equities and commodities at JPMorgan Chase & Co. in Hong Kong."

    See Bloomberg News for the full article. This could be good news for companies like Taseko.

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