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Resource World - Dec-Jan 2016 - Vol 14 Iss 1

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d e c e m b e r / j a n u a r y 2 0 1 6 www.resourceworld.com 61 p r o F e s s i o n a l d i r e c t o r Y WE PROMISE AND WE DELIVER GOLD, COPPER & TITANIUM PROJECTS WITH DRILL INDICATED RESERVES FOR INITIAL PUBLIC OFFERING Fayz Yacoub Professional Geologist Tel: (604) 831-0424 www.ontrackexploration.com Earlier accomplishments in addressing air pollutants show us what can be achieved." He concludes that only by assertively striving for such an approach will we successfully address the challenges associated with climate change mitigation. "So, while progress to date has cer- tainly been significant there still remains much to do!" he said. Basically, the world needs coal. Coal alleviates poverty. There are still some 1.3 billion people around the world without electricity. Without global action, the IEA estimates that by 2035 there will still be 1 billion people without electricity and 2.7 billion people without clean cooking fuels. And yes, believe it or not, there is a new anthracite metallurgi- cal coal mine being developed in northwest British Columbia by Australian-based atrum Coal [ATU-ASX]. Coal resources in all cat- egories stand at 1,567 million tonnes. The proposed mine, now in the feasibility stage, is expected to have a mine-life of 38 years. n EDITORIAL continued from page 5 are slower because that involves different levels of approval. But state-owned companies are also driven by the bottom line nowadays. When they see value in a project and good people running the company, they can be efficient too. It is really the question of: do you have what they need?" Speaking about her own company, Chong said, "Dynasty Gold has been commissioned to look for projects in the US $300-$600 million range. A significant Dynasty shareholder is one of the largest state-owned enterprises in China. Hence, our current goal is to deploy our expertise and network and use our shareholder's financial resources to acquire produc- ing and advanced-stage gold and base metal projects," said Chong. In the current market, State-owned companies have an advantage over private companies because their ability to access money and obtain credit from banks. n CHONG continued from page 33

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