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News and Announcements

China to Maintain Golden Focus

  • Published April 08, 2012 12:15AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

IT was just the tip of the iceberg. We’re talking about last week’s move by Zijin Mining Group to launch a $299 million bid for Norton Gold Fields (NGF), which operates the Paddington goldmine near Kalgoorlie.

There was some surprise expressed at this: while Chinese companies have been snapping up bulk and base metals projects around the world, it was generally thought they had little interest in picking up gold projects.

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To view the full article, please click here.

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