- Coal Asset Development in Mozambique
• ndertaking a plan to invest in developing the three coal mines near the Moatize Coal Mine under

• way by the CVRD.
• Total estimated reserve: 600 milion tonnes of sub-bituminous coal
• About to buy equity in the three coal mines' exploitation licenses-holding company
• Amount to be invested initially: Over 26 million US dollars (90% interest)

- Copper and Uranium Assets Development in Zambia
• Equity investment in the bearer of the licenses for E&P of the copper and uranium assets in

• Northwestern Region of the Republic of Zambia
• Technical and financial partner: KORES (Korea Resources Corporation)
• Estimated volume of copper reserve: 140,000 tonnes (Area: 400㎢)
• Value: About 1 billion US dollars
• Amount to be invested initially: 2 million US dollars in 2007

- Oil and Gas E&P Projects in Various Parts of Africa

• Considering equity involvement into varied African Oil & Gas assets in Senegal, Guinea Bissau,

• Mali, Mauritania, Benin, etc.