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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