ABN Newswire

FINANCE VIDEO: South Boulder Mines (ASX:STB) CEO and MD Lorry Hughes Speaks with ABN Newswire's CEO Tim Mckinnon at Hard Assets New York 2012.

newsroom@abnnewswire.net — Thu, 24 May 2012 05:28:47 GMT

FINANCE VIDEO: South Boulder Mines (ASX:STB) CEO and MD Lorry Hughes Speaks with ABN Newswire's CEO Tim Mckinnon at Hard Assets New York 2012.

Mr Lorry Hughes BSc. MAusIMM, is a Geologist with 20 years industry experience and has been South Boulder Mines' CEO and Managing Director since 2008. Mr Hughes has held senior management positions on exploration and operational mining projects for Energy Metals Ltd, CSA Australia Ltd and Energy Resources Australia Ltd.

Mr Hughes has broad mining and development experience from numerous mines in the north east goldfields of Western Australia and overseas, including; mining in Malaysia and exploration/development in Indonesia and Eritrea.

Mr Hughes's past management, mining, exploration & development operations include, peer review, geological resource interpretation/estimation, project generation, mine planning/optimisation, near mine resource development and environmental management. In addition Mr Hughes has been involved in highly innovative projects including ore beneficiation and ore sorting techniques.

View the video here:
http://www.abnnewswire.net/press/en/72721/Lorry-Hughes

South Boulder Mines Limited
T: +61-8-6315-1444
F: +61-8-9486-7093
WWW: www.southbouldermines.com.au

FINANCE VIDEO: David Kalenuik CEO of Lake Victoria Mining (LVCA) Speaks at New York Hard Assets with Tim Mckinnon about the East African Gold Project.

newsroom@abnnewswire.net — Thu, 24 May 2012 04:25:29 GMT

FINANCE VIDEO: David Kalenuik CEO of Lake Victoria Mining (LVCA) Speaks at New York Hard Assets with Tim Mckinnon about the East African Gold Project.

David Kalenuik has spent the last 35 years predominately as a founder and owner of his own businesses ranging from service oriented business to investor relations. Since December 2006, Mr. Kalenuik has been actively involved with Kilimanjaro Mining Company Inc. and Lake Victoria Mining Company, Inc. in the identification, negotiation and acquisitions of mineral resource properties in Tanzania, East Africa.

Mr. Kalenuik, an International Businessman, has extensive experience in start up operations, business development, strategic planning and management of both private and public companies. To date, he has been directly or indirectly responsible for the financings of each of the companies that he has been involved with.

Mr Kalenuik's experience includes being the President and Co-Founder of Larrearx, Inc./Larrea Biosciences Inc., a patented nutritional and health care supplements company, the President and Founder of Mitropolis Solutions Inc. a Vancouver based investor relations/investment banking firm that successfully financed and created public awareness for numerous public companies. Others include, SafeExplorer, Fortune In Motion, The Hydro Electric Company, Central Air, and AutoNetwork, Inc..

Mr. Kalenuik now brings 100 percent of his business experience, corporate vision and strategic planning to the shareholders and team of Lake Victoria Mining Company, Inc

The video can be viewed at:
http://www.abnnewswire.net/press/en/72720/LakeVictoria

Lake Victoria Mining Company
1781 Larkspur Drive
Golden, CO 80401
USA

Phone: +1 (303) 586-1390
Email: info@lakevictoriaminingcompany.com

FINANCE VIDEO: Victor Webb (Marston Webb International) Talks with Tim Mckinnon at New York Hard Assets Conference

newsroom@abnnewswire.net — Thu, 24 May 2012 00:34:56 GMT

FINANCE VIDEO: Victor Webb from Marston Webb International New York talks with Tim Mckinnon at New York Hard Assets Conference about the value of the minerals sector and mining companies, and the promotion of mining and specifically junior mining companies during this time of a difficult market.

Mr Webb also mentions the array of services that Marston Webb International offers to not just the minerals industry by promoting the value of the mining sector, but in conjunction with the acceleration of the value of companies in the sector.

View the Video Interview at:
http://www.abnnewswire.net/press/en/72717/MarstonWebb

Marston Webb International
60 Madison Avenue
New York, New York 10010

TEL: +1-212-684-6601
FAX: +1-212-725-4709
Email: marwebint@cs.com 
WEB: www.marstonwebb.com

Sofame Technologies (CVE:SDW) (PINK:SFMGF) Energy Efficient Industrial Water Heaters Reduce CO2 Emissions and Company Now Primed For Further Ramp-Up in U.S. Sales

newsroom@abnnewswire.net — Wed, 23 May 2012 00:11:44 GMT

Sofame Technologies Inc. (CVE:SDW) (PINK:SFMGF), a leading manufacturer of environmentally efficient industrial water heaters and cost-effective heat recovery systems for traditional boilers, has invested over twenty-five years developing its leading technology and proving it in the field. The technology is called "direct contact", and its advantage is that it captures all the heat contained in a boiler's combustion gases.

This thermal energy would normally be exhausted into the atmosphere from a regular boiler. Sofame uses the direct contact technology to engineer and manufacture environmentally efficient industrial water heaters and cost-effective waste heat recovery systems for traditional boilers. Sofame's systems guarantee an instantaneous fuel-to-water efficiency between 91% and 96.7%, whereas a regular boiler's efficiency varies from as low as 50% to 82%. The path has been long and difficult, but John Gocek, Sofame's determined if not incorrigible President and CEO, believes that Sofame is about to make a breakthrough.

Sofame is based in Montreal and has sold several systems in France, but it quietly entered the U.S. industrial energy efficiency market space in 2007. By signing up manufacturers' representatives on the east coast, Sofame extended its net sales without incurring major costs. It took two years to generate the first results, but today two multinational food processors, based in Battle Creek, MI, and Hershey, PA, are using Sofame Percotherm(R) systems to reduce fuel costs and CO2 emissions by over 10%. Two hospitals in New Jersey and Maine have purchased Sofame's equipment. Two universities, one in Colorado and one in Princeton, NJ, have also used Sofame engineering and equipment to cut fuel costs and CO2 emission by about 10%. These environmental investments help mitigate climate change, but they also offer a handsome dividend in the form of fuel cost reduction, so financial payback periods are typically less than three years. In the case of large gas consumers (over $1,000,000 per year at current prices), payback can be closer to one year. Sofame's newest customer is Butterball, the largest supplier of turkey products in the United States.

According to John Gocek, "The financial and environmental imperatives of major natural gas users are beginning to align to Sofame's benefit. There is nothing wrong with taking advantage of a great opportunity to improve efficiency (i.e., make money), while directly reducing carbon footprints in a sustainable and cost-effective manner."

The exciting new opportunity for Sofame is the way that direct contact technology has been applied to electric power generation. The U.S. electricity market is the world's largest, comprising one-fifth of both global demand and power plant capacity. With natural gas prices at historic lows compared to all other fuels, many utilities are converting to gas-fired turbines which are about 40% efficient. In a well-run power plant generating electricity, steam and cooling for air conditioning, co-generation brings efficiency up to 70%. Sofame can take that number up to 99% if there is a need and a use for hot water at 135ºF. The potential additional fuel savings of 29% represent a corresponding reduction in CO2 emissions. Today, institutions, universities, hospitals and industrial plants are also opting to generate their own electricity due to the availability of clean-firing gas turbines. This trend led Siemens and Alstom to build gas turbine plants in the United States to meet the demand. Since the demand for electricity is ever on the rise, Sofame's direct contact heat recovery technology can cost-effectively help reduce the impact on the atmosphere.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Stone Communication Services
Jason Stone
Franca Pranovi
TEL: +1-416-867-2526
EMAL: jasons@stoneco.com

President & CEO
John Gocek
TEL: +1-514-523-6545 x200
WEB: www.sofame.com

Rob McEwen, Chief Owner of McEwen Mining(TSE:MUX) has an Important Message for Share Owners Conference Call Announced for May 22nd

newsroom@abnnewswire.net — Tue, 22 May 2012 00:06:26 GMT

McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) - Dear Fellow Share Owners, At our Annual General Meeting (AGM) held last Thursday, I spoke about recent developments in Argentina that could impair our ability to internally fund our growth plans. Immediately following the meeting, we issued a news release with the word "cautions" in the headline to ensure all of you would be aware of this possibility.

For the many of you who could not attend the AGM last week and have questions about our future, we invite you to take part in a conference call scheduled for tomorrow (Tuesday May 22nd) at 10 am eastern. Details for the conference call can be found at the bottom of this news release.

As the company's largest share owner, holding 67 million shares, I want you to understand we do have options. This is not the end of the road but rather a possible nasty bump along our path of building MUX. I say possible because at the moment we do not have a clear picture of the consequences of these developments on our cash flow, but it is always prudent to plan for the worse.

Fortunately, we have some special assets and we have time to plan for the best way to replace a possible interruption in our cash flow. Our treasury has adequate funds to cover our operations and development until Q2 2013. By that time if conditions have not changed we expect to have explored and executed on one or all of the following steps to provide the necessary development funding: the sale or partial sale of the Los Azules copper project, the sale of a royalty, debt financing, a rights issue and equity issue or a combination with another company.

My goal is to see your investment and mine multiply many times. I have invested $110 million dollars because I believe MUX has some world class assets and that over time it will be worth considerably more than today.

In the near term, we will be delivering new resource estimates for Los Azules and El Gallo by the end of June. In July, gold production starts in Mexico. In Q3, we will be issuing the feasibility study for El Gallo-Phase 2.

Earlier this year you approved the creation of McEwen Mining through the merger of US Gold and Minera Andes. Despite our current share price, I believe we have the beginnings of a great company.

We will preserver! We will overcome! We will grow!

Conference Call Details:

McEwen Mining's Chief Owner, Rob McEwen, will host a conference call on Tuesday May 22, 2012 at 10:00 AM ET.

WEBCAST: http://www.gowebcasting.com/3365

TELEPHONE:

Participant dial-in number(s): 416-340-2217 /866-696-5910

Participant pass code: 3657413

REPLAY:

Dial-in number(s): 905-694-9451 / 800-408-3053

Pass code: 9980577

Please note the telephone number above can accommodate 50 people. Should the line be full, please use the link above and it will allow you to access the conference call via the Internet.

About McEwen Mining (www.mcewenmining.com)

The goal of McEwen Mining is to qualify for inclusion in the S&P 500 by 2015 by creating a high growth, low-cost, mid-tier silver and gold producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49% interest); the El Gallo Complex in Sinaloa, Mexico; the Gold Bar Project in Nevada, US; the Los Azules Project in San Juan, Argentina and a large portfolio of exploration properties in Argentina, Nevada and Mexico. In 2012, McEwen Mining is planning to spend approximately US$40 million on exploration.

McEwen Mining has 267,919,384 shares issued and outstanding. Rob McEwen, Chairman, President and CEO, owns 25% of the shares of the Company. As of March 31, 2012, McEwen Mining had cash and liquid assets of US$66.7 million, comprised of cash of US$41.1 million, silver and gold bullion at market value of US$21.4 million and marketable securities of US$1.1 million. The company continues to hold a significant portion of its treasury in bullion with the belief that prices will continue to rise.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this press release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, risks related to business integration as a result of the business combination between US Gold and Minera Andes, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, risks related to litigation including specifically but not limited to ongoing litigation with respect to the Los Azules property which if resolved adversely to the Company, would materially affect the Company's ability to develop the Los Azules project, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2011 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.

McEwen Mining Inc.
Jenya Meshcheryakova
Investor Relations
(647) 258-0395 or Toll Free: (866) 441-0690
Fax: (647) 258-0408

or

McEwen Mining Inc. - Mailing Address
181 Bay Street Suite 4750
Toronto, ON M5J 2T3
PO box 792
info@mcewenmining.com
www.mcewenmining.com

McEwen Mining (TSE:MUX) Cautions Shareholders at Annual General Meeting

newsroom@abnnewswire.net — Sat, 19 May 2012 01:50:03 GMT

McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) announces that at its Annual General Meeting in Toronto on May 17, 2012, Mr. Robert McEwen, Chairman, President and Chief Executive Officer, provided an overview of the company's current development plans and outlook for the price of gold.

The corporation announced that El Gallo Phase 1 remains on schedule and budget for the first gold pour during the third quarter. In addition, the San Jose mine remains on track to meet full year production guidance of 85,000 oz. of gold and 5.7 million oz. of silver (192,500 oz. gold equivalent, 49% of which is attributable to the company).

Mr. McEwen provided an overview of recent decrees announced by the government of Argentina and the possible adverse impact also on the mining industry. In particular, Mr. McEwen informed shareholders that the uncertainty related to the repatriation of funds from the San Jose mine could impair the company's ability to internally finance its projects. If these uncertainties persist, the company will need to seek external financing alternatives for the development of El Gallo Phase 2.

Despite current weakness in precious metals prices, Mr. McEwen also re-affirmed his view of the price of gold, which includes an ultimate target price of $5,000 oz by the end of this cycle.

McEwen Mining Inc.
Jenya Meshcheryakova
Investor Relations
(647) 258-0395 ext 410 or 
Toll Free: (866) 441-0690
Fax: (647) 258-0408
info@mcewenmining.com
www.mcewenmining.com

or

McEwen Mining Inc.
Mailing Address
181 Bay Street Suite 4750
Toronto, ON M5J 2T3
PO box 792

Bermuda Signs Double Taxation Agreement With Qatar

newsroom@abnnewswire.net — Wed, 16 May 2012 00:36:15 GMT

The Government of Bermuda and Qatar have signed a Double Taxation Agreement at a ceremony in Bermuda on Thursday, May 10. H.E. Paula A. Cox, JP, MP, Bermuda Premier and Minister of Finance while H.E. Moftha Jassim Al Moftah, Director of Public Revenues and Taxes Department, Ministry of Economy and Finance, signed for Qatar. He was was joined by Mr. Saeed Al Hejazi, Secretary of Tax Agreement Committee, Public Revenue and Tax Department, Ministry of Economy and Finance, Qatar.

In her remarks following the signing ceremony, Premier Cox said, the Agreement formalised a strong bond of friendship, commitment to mutual assistance in trade and cooperation in tax information exchange between the two countries. It was a government's strategy to position Bermuda to attract the Global Islamic financial services industry to the Island.

She reminded the audience that prior to becoming Premier, as Minister of Finance she had taken a lead by leading a trade trip to Bahrain in 2010 as a key element of an initiative to promote a real engagement with the GCC region.

"My Government has, as a priority, the issue of jobs and being open for global business as we get Bermuda's economic recovery and stimulus actions on track by increasing opportunities with broader international markets. Today's ceremony marks another step forward in our aim to further Bermuda as a Western hub for the Islamic financial services industry."

"The Double Taxation Agreement (DTA) places Bermuda among Qatar's impressive network of 50 DTA's enabling us to market Bermuda as an interconnecting domicile for investment to and from those 50 countries," she said.

Premier Cox went on to say the agreement provides incentive to Qatar entities including Qatar Airways and Bermuda's reinsurance industry and shipping companies around the world that have Qatari or GCC ownership interests

A Memorandum of Understanding was also co-signed by the two countries covering economic, commercial and technical cooperation, including industry, mines energy, agriculture, communications, transportation, construction, labour and tourism. Qatar will assist Bermuda to make further inroads in the GCC region while Bermuda will position ourselves as a hub to access Western markets.

"I am pleased to advise that visits will be planned to look at potential joint venturing on development projects including tourism related opportunities," the Premier said.

The Premier said that Qatar was once described as one of the world's richest countries having, in 2010, the world's highest GDP per capita while its economy grew by 19.40%, the fastest in the world.

"In a very real sense, our Agreement is an important handshake between Bermuda and the State of Qatar for Qatar is the hand in the GCC region and Bermuda could be described as the hook in the West. Qatar local folklore describes the shape of the country as resembling the palm of a right hand extended in prayer, while Bermuda is shaped like a fish hook. With Bermuda using our hook in the West to attract new business and with Qatar using its hand in the GCC to secure further opportunity, a powerful partnership has been formed for the benefit of the people of our respective countries," the Premier said.

Nea Talbot
T: (441) 294-2779
e-mail: ntalbot@gov.bm

Media:

Victor Webb/Marston Webb International
T: (212) 684-6601 
e-mail: marwebint@cs.com

McEwen Mining (TSE:MUX) Expansion Drilling Intersects 0.53% Copper Over 351 Meters at the Los Azules Project

newsroom@abnnewswire.net — Fri, 11 May 2012 23:59:08 GMT

McEwen Mining Inc. (NYSE:MUX)(TSE:MUX) announces that expansion drilling at its 100% owned Los Azules Copper Project, in San Juan Province, Argentina has intersected 0.53% copper over 351 meters, including 0.71% copper over 167 meters, in Hole 1279. This hole is located 340 meters southeast of Hole T-01, which last year returned 0.50% copper over 269 meters, including 0.95% copper over 45 meters.

In addition, Hole 1175, located 200 meters east of T-01, returned 0.70% copper over 15 meters before being terminated due to bad ground conditions. Hole 1175 extends the mineralization beyond the known limits of the deposit.

-----------------------------------------
Hole      From   To   Thickness Copper 
          (m)   (m)   (m)       Grade (%)
-----------------------------------------
1175     340    355.2   15.2   0.702  
-----------------------------------------     
1279     272    622.7  350.7   0.53  
 Incl.   456    622.7  166.7   0.71  
-----------------------------------------

A total of 2,835 meters were drilled this season in eight holes. A drill hole location map, a table of assay results and a cross section of the Los Azules resource are provided in Exhibits 1, 2 and 3. All of the drill holes from this season were completed on mineral claims that are not subject to ongoing litigation.

Holes 1277 and 1278 were infill, with the remaining holes drilled to expand the resource. Hole 1279 was the only exploration hole that was completed to its target depth. The other resource expansion holes (1174, 1280, 1281A and 1282) were lost prior to reaching the target zone due to difficult ground conditions.

In an effort to solve the problems encountered with the recent drilling at Los Azules, McEwen Mining has signed a contract with Major Drilling to provide four core drills for the 2012-13 drill season which are considerably more powerful than the ones used this season. The company believes this will increase the likelihood of reaching target depths (+500 meters), where high-grade copper mineralization has been encountered. McEwen Mining anticipates starting the upcoming drill season in October, adding 3 months to the program and will commence with the permitting process for a helicopter pad that could allow the drills to operate year round. McEwen Mining will continue to focus exploration efforts on mineral claims that are not subject to ongoing litigation.

An updated resource estimate will be published by mid-year which will incorporate the 7,350 meters of drilling completed in the current and previous seasons.

About Los Azules

Los Azules is a large copper porphyry system located in western San Juan Province within a belt of porphyry copper deposits that straddles the Chilean/Argentine border. This belt contains some of the world's largest copper deposits, including Codelco's El Teniente and Andina mines, Anglo American's Los Bronces mine, Antofagasta PLC's Los Pelambres mine and Xstrata's El Pachón project, among others.

The mineral resources for Los Azules were calculated in June 2010 and are summarized in the table below for the "base case" cut-off grade of 0.35% copper. The base case cutoff grade is based on experience from other projects with similar characteristics, potential scale of operation and location.

------------------------------------------------ 
Mineral    Tonnes  Copper  Contained Gold Silver
Resource  (millions) (%)    Copper    g/t  g/t 
Category                     (MM lbs)
------------------------------------------------  
Indicated    137    0.73   2.2       0.07 1.7 
Inferred     900    0.52   10.3      0.07 1.7 
------------------------------------------------ 
*Effective Date of June 2010

There is a high-grade secondary enrichment zone near the top of the mineralization. A cut-off grade of 0.70% copper is used to define "high-grade" mineralization, and the material above the 0.70% cut off approximates the secondary enrichment zone, but it is not exactly coincident. The portions of the deposit that exceeded the 0.70% copper limit are 67 million tonnes of indicated resources at an average grade of 0.95% (1.4 billion pounds of contained copper) and 127 million tonnes of inferred resources at an average grade of 0.86% (2.4 billion pounds of contained copper).

A portion of the Los Azules Copper Project is subject to litigation in the Courts of British Columbia. Shareholders and other interested parties are encouraged to review our most recent quarterly filings for detailed information. The trial is set to commence in November 2012 and last for approximately six weeks.

The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been preared by management of McEwen Mining Inc.

View the full release including cautionary statements, tables and charts at:
http://media.abnnewswire.net/media/en/docs/72605-MUX20120511.pdf

Jenya Meshcheryakova
Investor Relations
Phone: +1-647-258-0395 ext 410 
Toll Free: +1-866-441-0690
Fax: +1-647-258-0408

Restructuring and New Appointments Announced for the Bermuda Monetary Authority and Policy Teams

newsroom@abnnewswire.net — Tue, 1 May 2012 05:21:40 GMT

The Bermuda Monetary Authority (the Authority) has announced structural changes for its policy and insurance supervision areas, and a new appointment for its international relations functions.

Jeremy Cox, CEO of the Authority, said, "These changes and reassignments are designed to ensure the Authority's teams are aligned appropriately, and to balance the use of our resources, so that we can continue serving the community and working with the market effectively. They also establish a dedicated senior role for our international relations activities, to support Bermuda's interests globally."

The details of the changes are as follows:

Mary Frances Monroe - Director, Policy, Research and Risk department

Mary Frances and her team will continue to be responsible for the Authority's policy development and research functions, and its policy-related contributions to key decision-making bodies such as the International Association of Insurance Supervisors. However, the team has been expanded to also include a unit conducting new dedicated macroprudential surveillance of the market, in addition to existing functions for modelling, banking analytics, stress testing and financial sector analysis.

Craig Swan - Director, Insurance Supervision department

Craig will lead the Insurance Supervision department. This team will supervise Bermuda's commercial insurers (Class 4, 3B, 3A) and insurance groups. The department combines key functions for supervising these firms into one area, including insurance analytics and technical support, actuarial services, restoration and run-off monitoring functions and conducting the Authority's on-site assessments of commercial insurance companies.

Shanna Lespere - Director of International Affairs

This appointment will provide a dedicated function for the Authority's advocacy and international relations work, which by necessity is growing in scope. This role reports directly to the CEO and will involve strategic promotion of Bermuda's framework for insurance regulation; identifying international regulatory trends and opportunities for action as appropriate; and participating in global activities in order to influence regulatory change and maintain strong relationships with key stakeholders.

Shelby Weldon - Director, Licensing and Authorisations department

Shelby and his team will continue supervising Bermuda's captive insurers, and maintaining close interaction with, and oversight of, the insurance managers supporting the industry. The team also conducts the vetting and licensing process for all financial entities conducting business in or from Bermuda, including companies in the banking, investment, insurance and trust sectors.

Pat Phillip-Bassett
Deputy Director
Corporate Governance and Communications
Direct line: (441) 278-0263
Email: pbassett@bma.bm

Connecting Australia And China: Australia-China Business Week To Be Held In Melbourne On 2nd-4th August 2011

newsroom@abnnewswire.net — Thu, 21 Apr 2011 15:49:41 GMT

China's economy grew a more-than-estimated 9.7 per cent and industrial value-added output grew 14.4 percent year on year in the first quarter of this year. Chinese investment is playing an important role to drive exploration and mining in Australia. ABF is delighted to invite you to hear first hand the updated results of the China & Australia Investment Attraction Strategy in Australia-China Business Week (ACBW) 2011.

ACBW 2011 now in the third year will be presented on 2nd - 4th August 2011 at Crown Conference Centre Melbourne, to highlight opportunities for Australian businesses engaged or considering trading, importing, exporting, manufacturing/outsourcing and investing in the greater China region. ACBW 2011 will provide insight into undertaking business between China and Australia.

ACBW 2011 will host a series of events including ACBW 2011 China Day Forum, Expo & Seminars, Forum, 'Mix at Six' Networking Function, and Business Matching Sessions for both Australian and Chinese Delegates.

According to ABF Chairman, John Rashleigh emphasized that Australia's capacity to avoid the crippling impact of the Global Financial Crisis could largely be attributed to our strong and expanding trading relationship with China. John Rashleigh said, "as the USA and many EEC countries continue to suffer serious and threatening long term effects the Australian economy prospers. It is imperative that we effectively continue to strengthen our economic ties with China and their near neighbors' and the key events being staged by ABF provide an excellent building block to ensure we fulfill this objective."

ACBW 2011 China Day Forum (2nd August 2011)

ACBW 2011 China Day Forum focus includes finance (VC, PE, and funds), business matching, joint ventures, property, education, immigration, tourism and opportunities for Chinese business in Australia.

ACBW 2011 Forum (3rd August 2011)

Hear from the experts on a range of critical issues with Australia's major trading partner. review the impact and opportunities of the Free Trade Agreement and China's Five Year plan. Review the latest trends and opportunities with a focus on clean technology, investment and the growth of Australia's services and agriculture to China.

ACBW 2011 Expo & Seminars (3rd August - 4th August 2011)

ACBW 2011 Expo & Seminars provides growth and development strategies with a focus on international trade, technology investments, government, financial services, marketing, business opportunities and import & export solutions. Free daily seminars from industry experts will be available for attendees

ACBW 2011 'Mix at Six' Networking Function (3rd August 2011)

There's s a saying in China that you don't talk business 'until the third cup of tea'. ACBW 2011 'Mix at Six' Networking Function is a networking opportunity to get together and build relationships. This high profile business networking function will introduce representatives and officials from international trade and business sectors.

ACBW 2011 Business Matching (4th August 2011)

A large trade delegation comprising of Chinese companies and Government will attending ACBW to meet with Australia companies to explore business opportunities. This B2B business matching session with Chinese companies provides an excellent platform to explore business opportunities, exchange valuable experience with Chinese business counterparts, as well as networking and establishing contacts with industry professionals.

ACBW 2011 Business Matching Sessions some of the business matching opportunities include Chinese Corporations seeking to establish Investment, Joint Ventures, Distribution and licensing agreements and purchase and sales of products and services.

ACBW 2011 Luncheon (4th August 2011)

Includes high profile Australian and Chinese Government representatives and industry leaders. This closing function is highly recommended event to attend.

China has become a major powerhouse for the global industry. With China now Australia's largest trading partner, it is important for SME business owners to understand how to export their goods/services into the region. ACBW 2011 serves as a valuable forum for businesses already engaged with China, or looking to enter this unique business opportunity.

For those who are serious about doing business with China and want to network with like minded business people and advisors, should attend ACBW 2011.

ACBW 2011 is supported by AusIndustry, Australian Customs and Border Protection, Australian Industry Group, Shangrila-La Hotels and Resorts & LG Electronics (SEO:066570).

Jingning Li
Australian Business Forum
E-mail: Jingning.li@abforum.com.au
Tel: +61-3-8689-9898
http://www.australianbusinessforum.com.au