Chinese company buys 50% share of the Veladero mine in Argentina

Tuesday, April 11th 2017 - 05:30 UTC

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Barrick Gold and Shandong Gold, a Chinese company, have signed a strategic co-operation agreement that includes half the Veladero gold mine in Argentina. Shandong has agreed to purchase 50% of the Veladero mine in Argentina for US$960 million, and a joint venture will be created to operate it. Read full article

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The Voice
With the new Chinese death star antenna being built in Patagonia China is gradually moving in. They need a South Atlantic presence just like us.
Apr 11th, 2017 - 08:47 am - Link - Report abuse 0
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