China Shen Zhou Mining Commemorates 10-Year Anniversary
Published on Tuesday, 26 June 2012 09:22 Written by TradersHuddle Staff
BEIJING, June 26, 2012 /PRNewswire-Asia-FirstCall/ -- China Shen Zhou Mining & Resources, Inc. ("China Shen Zhou" or the "Company") (NYSE AMEX: SHZ), a Company engaged in the exploration, development, mining and processing of fluorite, barite, zinc, copper, and other nonferrous metals in China, recently commemorated its 10-year anniversary. Officials from local governments, the fluorite industry associations, management from China Shen Zhou's subsidiaries, and representatives from multinational chemical companies attended the ceremony.
Ms. Xiaojing Yu, Chairman and Chief Executive Officer of China Shen Zhou, commented, "Founded in 2002, China Shen Zhou has evolved into an inter-regional company engaged in the mining and processing of fluorite ore, barite ore and non-ferrous metals. As China's largest fluorite mining company, our key fluorite assets in Inner Mongolia have been verified by the world's leading independent assessment agency - SRK Consulting China. We are also the only publicly traded Chinese company whose primary focus is the mining and processing of fluorite, an increasingly scarce mineral."
"Through acquisitions, we have obtained a large amount of barite resources in Guizhou province. We continue to believe the future of China Shen Zhou is bright as we strive to build China's largest industrial base for processing low-silicon, low-phosphorus fluorite and barium salt in Guizhou," Ms. Yu concluded.
About China Shen Zhou Mining & Resources, Inc.
China Shen Zhou Mining & Resources, Inc., through its subsidiaries, is engaged in the exploration, development, mining, and processing of fluorite, barite and nonferrous metals such as zinc, lead and copper in China. The Company has the following principal areas of interest in China: (a)fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b) fluorite and barite extraction and processing in the Wuchuan County of Guizhou province (c) fluorite and barite extraction and processing in the Yanhe County of Guizhou province; (d)fluorite extraction and processing in Jingde County, Anhui Province; (e) zinc/copper/lead processing in Wulatehouqi of Inner Mongolia; and (f) zinc/copper exploration, mining and processing in Xinjiang. For more information, please visit http://www.chinaszmg.com/.
Safe Harbor Statement
This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as "will", "believes", "expects" or similar expressions. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov.
SOURCE China Shen Zhou Mining & Resources, Inc.
- China Shen Zhou Mining & Resources, Inc. Discloses Preliminary Financials for First Quarter of 2013
- China Shen Zhou Mining & Resources, Inc. Receives Notice from NYSE MKT LLC
- China Shen Zhou Mining & Resources, Inc. Discloses Additional Information Concerning Inability to Timely File 2012 Form 10-K
- China Shen Zhou Mining & Resources, Inc. Announces Inability to File Annual Report on Form 10-K by April 16, 2013
- China Shen Zhou Provides Update on Xinyi No.1 Fluorite Mine
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