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Central China Goldfields plc

LON:CGG ISIN:GB0031963043

Central China Goldfields plc brings together a high level management team, with many years of experience in China, and a large ground holding in the Sichuan Province which is prospective for the discovery of large Carlin-like gold deposits.

The Company's principal objective is to increase shareholder value by exploring for, acquiring and developing gold and other mineral prospects in the People's Republic of China. While the initial focus will be on the Snow Mountain Gold Project, the Directors intend that other mineral property acquisitions or joint venture may, where appropriate and available, be pursued by the Company.

  

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Australian Market Report of February 16: Cautious ahead of EU Meeting

🕔2/16/2010 9:30:38 AM 14344

Australian shares dropped on Monday as investors were nervous ahead of the EU meeting over Greek debt. Trading was quiet in local market while most Asian bourses were closed for Lunar New Year on Monday, Wall Street also closed because of a public holiday. At the close, the benchmark S&P/ASX200 index fell 16.6 points, or 0.4 per cent, at 4545.5, while the broader All Ordinaries index shed 18.4 points, or 0.4 per cent, to 4570.4.

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