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MEI Online: General Minerals Engineering: Latest News: February 12th 2004


Click for more info on Flotation '21

:: Minerals Industry Poised for Major Boom According to Friedland  

The strongest message to come out of February's African Mining Indaba '04 meeting in Cape Town was from international financier Robert M. Friedland, founder, chairman and President of Ivanhoe Mines Ltd, Canada.

China is now driving the world's economy, and is the world's largest producer of steel, despite being a net importer! Its insatiable demand for copper, nickel, platinum, gold and other metals is, according to Mr. Friedland, creating an unprecedented growth in the minerals industry, which should last for decades. This is not just a bubble, but a reality!

Strong words indeed. If you are sceptical about these claims, then we would be pleased to hear your views.



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