BUENOS AIRES (miningweekly.com) – Argentine officials have been working to promote mining investment opportunities in country on visits to both China and Turkey, the national mining secretariat reports.
The secretariat presented seminars in Beijing, Shanghai and Tianjin in 2010, which were attended by more than 500 mining companies, analysts and investors.
China is the top producer and number-two consumer of gold in the world, while Argentina increased its own production of the precious metal by around 40% last year.
A visit by Chinese officials to Argentina is scheduled for March, for more talks on investment opportunities, the secretariat said.
China's MCC operates the Sierra Grande project in Argentina, and has spent more than $100-million on the project.
Mining Secretary Jorge Mayoral has also been presenting mining investment opportunities during President Cristina Fernández de Kirchner's official visit to countries in the Middle East.
The government wants to encourage trade and investment with Qatar, Kuwait and Turkey, and Mayoral has met with directors of the Qatari Investment Fund, the Minister of Energy and Industry of Qatar, Doctor Monjamet Sale Al-Fada, and local businesspeople.
He was also scheduled to sign an agreement on the promotion of cooperation and technical assistance between the General Directory of Mineral Research and Exploration of Turkey and the Argentine Mining and Geological Service.