China Gold Corp, aimed to acquire gold and copper-gold mines in neighboring countries of China, including Russia and Mongolia, Jerry Xie told Reuters on the sidelines of the Mines and Money Conference in Hong Kong on Wednesday.
"We are in talks with 5-6 targets," Xie said, without identifying them.
International Minerals Signs Agreements with Chinese Company for Financing and Construction of Rio Blanco and Gaby Gold Projects in Ecuador
International Minerals Corporation (TSX: IMZ) At Gaby, although a preliminary feasibility study has been completed by IMZ with an estimated 6.9 million gold ounces in the measured and indicated resource category (4.1 million ounces attributable to IMZ), the time line to production will be longer than Rio Blanco because a feasibility study remains to be completed before permitting can commence The Gaby mine is estimated to hold 6.9 million ounces of gold.IMZ said the exploration process is expected to resume shortly. The earliest that production could begin at Rio Blanco would be late in 2013 or early 2014,China will be a major financing and engineering partner in a gold mining development project in Ecuador ....as nice target for CGG! of 6
China National Gold targets RMB 100-bln revenue in 2015 China wants domestic gold production to reach 14.5 million ounces by 2015,Sun said the company will accelerate its overseas expansion, including the merges and acquisitions ....Mundoro would be a easy deal with no cost to CNG all CNG needs to do is go to 49% of CGG and PUT Maoling Gold Project in the Liaoning Province in CGG NAME!.