| 30.10.2009 - CIC invests $700mln in Hopu-backed mining firm |
| From Reuters: China Investment Corp (CIC), a near-$300 billion sovereign wealth fund, plans to invest $700 million in Hopu-backed Iron Mining International Ltd, a source told Reuters on Thursday. The investment would be the Chinese fund's second involvement this week in a Mongolian mining deal as it shifts its investment strategy to natural resources from financial institutions............................Full Article: Source |