| CHINA GOLD INTERNATIONAL PLANS ACQUISITION IN MONGOLIA |
|
|
|
|
Source: Reuters Date: 31 March, 2011 Hong Kong- and Toronto-listed gold producer China Gold International Resources Corp Ltd. plans to boost production of copper and to acquire gold and copper mines outside China. Mr. Jerry Xie, the executive vice-president of the company, 42 percent owned by state-owned gold mining major China Gold Corp, said on the sidelines of the Mines and Money Conference in Hong Kong last week that it aimed to acquire gold and copper-gold mines in neighboring countries of China, including Russia and Mongolia. |