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Article: BRIEFING - ASIA MINING - NOV 6, 2009.

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AsiaPulse News
Article date:
November 6, 2009
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An executive briefing on mining for Nov 6, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

AUSTRALIAN GOV'T APPROVES CHINESE INVESTMENT IN CENTREX

CANBERRA - The Australian government on Thursday approved a A$271 million (US$246.96 million) investment by China's third largest steel maker in iron ore explorer Centrex Metals Ltd. (ASX:CXM).

The company plans to build a new export port in South Australia with its proposed Chinese joint venture partner.

RESERVE BANK OF AUSTRALIA WORRIED ABOUT MANAGING RESOURCES BOOM

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