Temasek Mulls ‘Opportunistic’ Mining Investments

Bloomberg.com, 24 Mar 2009, Netty Ismail and Jesse Riseborough
March 24 (Bloomberg) -- Temasek Holdings Pte, the Singapore sovereign fund that hired BHP Billiton Ltd.’s former chief executive officer, will consider further mining investments as slumping prices force producers to seek partners.
“We’re opportunistic,” Nagi Hamiyeh, managing director of investments, said in an interview while attending a conference. “The resource sector is going to be a very good proxy for economic growth, especially of emerging economies of Asia and the rest of the world.”
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