Chinese firms go hunting for gold mines overseas
Cecilia Jamasmie | June 4, 2013 Chinese firms go hunting for gold mines overseas
China’s voracious appetite for gold is growing beyond the heightened demand for jewellery and recent boost of its bullion reserves , with local miners increasingly snapping up gold mines overseas, reports The Wall Street
This year Russia plans to sell potential investors 86 prospective hardrock gold deposits with exploration potential in situ of about 91 million ounces of gold. and The Maoling Gold Project was earmarked by the Chinese government for development and foreign investment as early as 1994, when the State Council approved a report identifying it as one of 10 deposits to be made available for cgg pls CNG and go to 49.9% of cgg...asap! Mundoro Mining Inc. is a TSX listed company focused on the exploration and development of the large-scale, advanced exploration stage Maoling Gold Project in Liaoning Province, north-east China. The 20 square kilometer Maoling license area is located approximately 500 kilometres east of Beijing in Liaoning Province, P.R. China. The area is endowed with significant infrastructure, including power, water, telephone and cellular service, and is easily accessed by paved road from either the provincial capital of Shenyang or the city and port city of Dalian, both a short flight from Beijing.