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May 20 2020nbsp018332In March 2020 government permitted Continental Gold to be bought up by Chinas statecontrolled Zijin Mining for 13 billion dollars The head of CSIS from 2009 to 2013 Richard Fadden told the Globe and Mail that the federal government should keep Canadas national security interests in mind when examining the purchase.
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Mar 07 2020nbsp018332Continental Gold is a Canadian company with properties in Colombia another beachhead for China in Latin America Many Chinese companies have existing deals or structured alliances with gold companies outside China One example is Barrick Gold and Shandong Gold Mining a subsidiary of Shandong Gold Group In April 2017 Shandong Gold bought a.
TMAC Resources Inc which owns the Hope Bay gold mine complex in western Nunavut is poised to be bought up by a Chinese goldmining giant The Shandong Gold Mining Co Ltd better known as SD Gold is willing to pay 2074 million for the western Nunavut mine.
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