News Videos
World
International Edition

Tuesday

September 26, 2017

Breaking News, World News and Taiwan News.
About Us
E-Newsletter
Advertise
Contact Us

State-owned Chinese company eyes Barrick Gold Corp.'s assets in Africa

BEIJING -- A state-owned Chinese firm is in talks to buy some of the African assets of the world's largest gold miner Barrick Gold Corp., Beijing's latest move into the resource rich continent.

"Our group is currently having very preliminary contact and discussion with Barrick" on possible acquisition of African Barrick Gold (ABG), an official with China National Gold Group, who declined to be named, told AFP. He did not elaborate on details of the talks but Dow Jones Newswires reported that analysts have estimated the deal could be worth up to US$3.9 billion.

MOST POPULAR OF THIS SECTION
Advertise  |   RSS Feed  |   About Us  |   Contact Us
Home  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |  
Arts & Leisure  |   Health  |   Editorial  |   Commentary Travel  |   Movies  |   Guide Post  |   Terms of Use  |  
  chinapost search