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Zhaojin targets African gold mines as M&A heats up
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Zhaojin targets African gold mines as M&A heats up
CHINA’S Zhaojin Mining Industry is scouting for gold mine acquisitions in Africa, Central Asia and the Asia Pacific, with West African countries including Côte d’Ivoire, Ghana and Guinea among its preferred targets, the company’s chief investment officer told Bloomberg News. Xu Jianzhuo said in an interview with the newswire that Zhaojin was particularly interested in assets being shed by Western miners in politically stable jurisdictions. Conso…
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