Commodity Trade Mantra

Posts Tagged ‘Shandong Gold Mining’

Chinese Appetite for Gold Assets Reaching Significant Levels

China’s $40 billion Silk Road Fund is looking at buying its first gold mine – it’s biggest acquisition anywhere in the mining space since its creation in 2014. It shows that Chinese appetite for precious metals assets in reaching significant levels. In fact, two other Chinese miners might actually make an opposing bid against the Silk Road, showing that interest in quality gold assets is running high in China.

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