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Silvore Fox Minerals Signs Strategic Agreement with Beijing Donia Resources

Nova Scotia-based mineral exploration company, Silvore Fox Minerals Corp., has entered into a co-operation agreement with Beijing Donia Resources Co. Ltd., which specializes in overseas mineral resources exploration. Donia is the parent company of Sino Minerals Corp. The terms of the agreement include: the companies will work together globally with a focus on the Americas; the companies will jointly focus on both precious and base metals; they will work together in acquiring resource properties and/or companies with desirable resource assets; and Donia will provide Silvore Fox with technical support for the exploration program for its flagship Coxheath property in Nova Scotia. 

Information summarized from: Silvore Fox Minerals Corp. Press Release

Measures to arrest price hikes

The measures include boosting food supplies and other necessities, increasing subsidies for low-income families and taking more targeted policies to maintain market order, according to a statement on the government's official website www.gov.cn.

"We need to understand the importance and urgency of stabilizing market prices and take forceful measures," it said after a State Council meeting chaired by Wen.

"When it is necessary, contemporary measures could be taken to interfere with the prices of some important daily necessities," the statement added.

Information extracted from: China Daily

China Unicom to launch own-brand smartphone by year-end

(Reuters) - China Unicom, the country's No.2 mobile operator, said it will launch an own-brand smartphone series by the end of this year to draw more business to its 3G data network.

The Uphone would be manufactured by Huawei Technologies and ZTE Corp, but pricing details and production numbers had not yet been set, Zhang Zhijiang, head of China Unicom's technology department, said on Thursday.

"We haven't set prices yet because the phone will only be released at the end of this year," Zhang said.

China Unicom is the only mobile operator authorized to sell Apple Inc's iPhone in China. Bigger rival China Mobile Ltd also sells a self-branded smartphone, which it calls the Ophone.

Information extracted from: China Daily


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