Canadian Prime Minister Stephen Harper's current trip to China is touted as an opportunity to create partnerships between the two countries. One positive outcome has just been revealed: Canaccord Financial of Toronto and a Chinese bank plan to establish a Canada-China Natural Resource Fund and give it an initial endowment of US$1 billion.

The fund intends to:

• Invest in both public and private natural resource and energy companies or projects in Canada;
• Promote interaction and sustainable development among Chinese, Canadian and other nature resources companies, and'
• Create opportunities for substantial returns on investment (be profitable) through the strategic and market-oriented allocation of the fund's capital

Notice it says ( give it an initial endowment) -- sounds like the start of big money moving to consolidate mining projects in canada. If one starts the others won't want to be left out. Could be a great year to be invested in The Ring Of Fire!