Chinese acquisitions in gold sector triple, as Africa
Chifeng Jilong Gold Mining has also ventured into Ghana, sealing a deal to buy Resolute's Bibiani gold mine in December. In a statement to Reuters, Chifeng Jilong Gold Mining said investment in developed countries, such as Australia and Canada, is "not active" because assets there are 10% to 30% more expensive than those in West Africa and South …
