Gold Investing News » Gold miner Zhaojin plans to spend $73.09 million on acquisitions

Gold miner Zhaojin plans to spend $73.09 million on acquisitions

March 11, 2009 @ 4:23 am In Gold Company News

A Hong Kong-listed gold producer, Zhaojin Mining Industry Co, has announced its plans to spend 500 million yuan that is $73.09 million on acquisition of mining assets this year to boost its reserves, down from last year's 780 million yuan.

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[1] here: http://www.chinadaily.com.cn/bizchina/2009-03/11/content_7568785.htm