Acquisitions by China's gold mining companies have reached a record this year
Acquisitions by China's gold mining companies have reached a record this year. Gold's steepest quarterly drop in more than nine decades has slashed mine values and sidelined Western rivals laden with debt. Takeovers and asset purchases by producers based in China and Hong Kong rose to record $2.24 billion this year, beating last year's record $1.96 billion, according to data compiled by Bloomberg.
most popular
Equities
Copper threatens to outshine lithium, putting leveraged juniors in the frame
Independent Journalist
Equities
The ASX tech company dominating its space and why we're backing it
Auscap Asset Management
Please sign in to comment on this wire.