China miners secure future zinc reserves through investments in Canada

Chinese firms are securing potential future base metal sources. In two separate deals, China metal companies are moving ahead with investments in zinc projects in northwest Canada.

In July 2008 two China mining companies - Jinduicheng Molybdenum Group Ltd. and Northwest Nonferrous International Investment Company Ltd. - acquired Yukon Zinc Corp.

By buying up all of Yukon Zinc's outstanding shares...