Caixin OnlineBusiness & IndustryTop Stories Industry Greenland Lures China's Miners with Cold Gold
12.07.2011 21:14

Greenland Lures China's Miners with Cold Gold

Vast mineral deposits in icy Greenland are being cautiously considered by a handful of Chinese mining concerns
By staff reporter Pu Jun
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Greenland is a land of ice and snow, the Inuit people and polar bears. And soon, a few Chinese mining companies willing to take risks may find it's also a land of profits.

An iron ore deposit on the giant island has been targeted for what could be a future mine investment by the Sichuan Province government's Sichuan Xinye Mining Investment Co., Chairman Liu Rong recently told Caixin.

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