The International Gold Mining Conference 2013 was held in
Zhaoyuan, Shangdong, China
Source: www.mlr.gov.cn Citation:www.chinamining.com.cn Date: June 24, 2013
What is the future trend of the gold price? How can the gold companies cope with the gold price volatility? What are the advanced technologies in the gold exploration and development? Gold mining giants from home and abroad, governments and mining authorities of the emerging economics, mining investment and financial institutions, leading consulting firms, technology and equipment providers recently gathered in Zhaoyuan to discuss the sustainable development of the gold market.
The International Gold Mining Conference 2013 was held in Zhaoyuan, Shangdong,, China on June 20 and 21, 2013. Wang Jiahua, Executive Vice Chairman of China Mining Association and Zhang Yongtao, Vice Chairman of China Gold Association attended the conference and delivered a speech.
"The golden period of global mining is not over, China`s urbanization and industrialization has not been completed, the demand for mining industry is very strong, we have confidence." Wang Jiahua expressed that though the price of gold will be affected by the recovery of US dollars, it will not fall into the bottom. The situation now could be said to be a tangle, while the hedging function of gold is unique.
At the meeting, more than 40 industry experts delivered keynote speeches on the five topics around 2013 global gold mining industry and market trends, gold and precious metals market analysis, gold mining finance and capital markets, gold mining company`s development strategy, advanced technology and innovative solutions in the gold mining industry and etc..
Among them, Albert Cheng, Managing Director of the Far East section of the World Gold Council made a keynote speech of "World Gold Mining Investment Markets and Trends," Lu Dongshang, Chairman of Shandong Zhaojin Group shared his understanding on the way to deal with price volatility to the gold enterprises. Lan Fusheng, Vice Chairman of Zijin Mining Group briefed participants the overseas mergers and acquisitions strategy of Zijin Mining.
Godfrey Oliphant, Deputy Minister of Mineral Resources Republic of South Africa and Mavis Sibanda, Minister Counsellor of the Economic and Commercial Affairs, , Zimbabwe Embassy of China attended the conference and introduced the mining investment environment of their country. (Edited by: Yang Zhifeng, Zhang Li)
（translated by TLRHVC）
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