Analysis Of Overseas Development Strategy Of Anhui Geology & Mining Investment Ltd.

To well implement the overseas development strategy of Anhui Geology & Mining Investment Ltd., the company has preliminarily made a "4+4" model adaptable to its own development through investigation, research and exploration. Accordingly, to reduce geological exploration risks and heighten success rates of investment, the company has studied the strategy and then put forward measures and approaches to deal with the risks.1.Through analysis of the distribution, current exploitation and potential of the main mineral resources worldwide as well as realization of China's certain minerals in short supply, the company makes sure of its investment orientation—ore locations and species;2.Principles obeyed during venturing out and precautionary measures for reducing risks are put forward after analysis of the associated factors of overseas geological exploration;3.The SWOT analytic approach is adopted to systematically analyze advantages-disadvantages & opportunities-challenges, which indicates that overseas development is full of twists. And confidence, as well as sense of crisis and urgency should be emphasized;4.This paper puts up the following measures and strategies for overseas development:building a strong platform for investment--Anhui Bureau of Geology and Mineral exploration as the leader and its affiliated units playing roles; making a medium-long term plan for overseas development; following up international practice and undertaking social responsibilities actively; innovating the mechanism and system of investment and setting patterns of cooperation, company framework and management; absorbing & cultivating talents on mineral investment and operational management, especially the students studying abroad; cooperating with domestic minerals giants, making a sustainable development of combination of exploration, mining and trade;5.Considering the company's current situation, its overseas development should make steady progress. That is, to put priority on the present, without any blind investment. Projects in countries nearby and Australia, Africa, South America should be on the top, with other countries like Canada secondary.