Xinhua Insight: Multi-metal mine with world-class deposits rises in Qinghai-Tibet Plateau!

"The Chinese government ... will continue to offer economic assistance to countries in the region that are interested," Wen told the UN regional economic body ECLAC in Chile, the world's No. 1 copper exporter.

He said China's Development Bank would implement a US$10 billion credit program for infrastructure projects. The Chinese leader also called for cooperation from regional leaders on food security and to that effect invited Latin American and Caribbean agriculture ministers to a meeting in China in 2013. A multi-metal mine in the birthplace of Tibetan King Songtsen Gampo has the potential to be among the world's 50 biggest mines of its kind by deposits and may generate an annual product value of 2000 billion yuan by 2015 Medrogungkar county, home to the Jiama Copper Gold Polymetallic Mine, about 68 kilometers from Lhasa, may dethrone Dexing in east China's Jiangxi province to become the country's biggest copper town in 10 years, said Jiang Liangyou, board chairman and Party secretary of the owner of the mine, Tibet Huatailong Mining Development. China Gold International Resources Corp. Ltd. (TSX:CGG; HK:2099) would expand its daily processing capacity from the current 6,000 tonnes of ore to 40,000 tonnes since the end of 2015 for 70 years."The answer, in our mind, is to build Jiama into a large,environmentally-friendly mine equipped with leading technologies," he said. Medrogungkar county, home to the Jiama Copper Gold Polymetallic Mine, about 68 kilometers from Lhasa, may dethrone Dexing in east China's Jiangxi province to become the country's biggest copper town in 10 years, said Jiang Liangyou, board chairman and Party secretary of the owner of the mine, Tibet Huatailong Mining Development.

The projections were based upon the initial prospecting finished by Huatailong in 2010 within a land area of nine square kilometers, Jiang said. The company's mining permit covers a total area of 144 square kilometers

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