Qingdao Kingking Group sees mining opportunities in Africa

Note: This section contains information in English only.
Source: China.org.cn

Qingdao Kingking Group will provide $100 million to develop copper and gold mines worldwide over the next three years. The company plans to purchase 100 square kilometers mine in Mozambique. The company's CEO explains that many European companies, which invest heavily in African energy projects, have faced difficulties due to recession thus providing China with an opportunity to invest in natural resources there.

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