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Commodities Briefing - Categorized | Fund Profile, Investment more

Funds seeking mining and gold investment

Posted on 31 March 2009

From Zawya.com: Sovereign wealth funds from the Middle East, and Japanese and Korean companies are seeking mining acquisitions and investments after asset values dropped, competing with Chinese companies, UBS said.

“This is the time to do that because asset values are low,” Paul Knight, managing director and joint global head of metals and mining with UBS, said today. “The Koreans are looking at acquisitions, and the Japanese to some extent.”….Full Article: Source


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