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Inter-Citic
has been working in China for almost a decade - building
relationships, exploring opportunities, making friends.
The
People's Republic of China is a land of vast opportunity,
yet Inter-Citic has watched as many other companies have
come and gone. From the beginning Inter-Citic realized that
doing business in The People's Republic of China requires
very different skills and attitudes. Inter-Citic's key shareholders
are from prominent families that have successfully been
doing business in China for generations, including the Hos
of Macao's banking world, and the Lees of Hong Kong's Henderson
Group. With the assistance of our Asian-based support, Inter-Citic
is able to open doors, and create strong relationships and
lasting opportunities.
Inter-Citic
also treats its Chinese partners with the respect and consideration
they deserve. This not only includes true partnerships and
fair consideration, but whenever possible Inter-Citic prides
itself on being able to transfer valuable knowledge and
skills to local partners to create win-win-win situations.
A recent example is the recent agreement to bring two modern
wire-line diamond drills to China for the Dachang Project.
As part of the agreement Inter-Citic pledged to transfer
operational expertise and skills to its Chinese partners
as quickly as possible.
Something
that sets Inter-Citic's projects apart from others is that
Inter-Citic has been able to negotiate
agreements with major government agencies. For example,
Inter-Citic recently obtained from the Beijing
Institute of Geology for Mineral Resources, China's only
national geological institute, the right of first refusal
on any mineral exploration project for which BIGM seeks
foreign investment. As well, as part of its Dachang Project
Joint Venture Agreement with the Qinghai Geological Survey
Institute, Inter-Citic has a right of first refusal on any
mineral exploration project for which QGSI seeks foreign
investment. Inter-Citic
believes in long-term relationships and is pleased to have
partners who see value in continuing to do business and
bring exciting new opportunities with Inter-Citic.
At
home and in China, Inter-Citic has assembled an
impressive team of technical and business advisors.
We
hope you'll see why we believe Inter-Citic is a different
kind of gold exploration and development company, and why
that difference is the key to our future success.
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