Latest News:  

English>>Business

Troubled talks with African Barrick

By Li Jiabao (Chinadaily.com.cn)

14:29, January 09, 2013

Talks between China National Gold Group Corporation and African Barrick Gold are now in trouble owing to great divergences in taxation and historical issues, China's 21st Century Business Herald citied Sun Zhaoxue, general manager of the Chinese company, as saying in a report on Tuesday.
Sun added that Barrick was still enthusiastic about the Chinese company and negotiations had not stopped.

In August it was reported that China National Gold Group Corporation would acquire the Tanzania-based African Barrick affiliated to Barrick Gold Corporation with an estimated value of $3.9 billion. The acquisition, if successful, would be China's biggest gold project abroad and would double China's gold reserves.

We recommend:

BJ-GZ HS to add 30b yuan to GDP annually

Great changes in Zhengzhou railway station

Wanda Group ventures onto the global stage

Sports car makers look to mainland market

Top Ten Economic Events in 2012

'Gold road' laid with gold bars

Email|Print|Comments(Editor:黄蓓蓓、梁军)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. PLA Special Forces in field training

  2. Mechanized infantry division in drills

  3. Selected Xinhua int'l news pictures(II)

  4. Immigrant workers begin to go home

  5. Why NEEP so popular in China?

  6. China is Asia's top investment destination

  7. People prepare for Spring Festival

  8. Something about nature

Most Popular

Opinions

  1. China to surpass U.S. by 2049: report
  2. Proposed Beijing law seeks data on charities
  3. 2012: turning point for Chinese swimming
  4. Debate rages online: Bribes or donations?
  5. Proposed labor camp reform wins online support
  6. Cold War mentality fuels US prejudice
  7. Fewer satisfied with their lives in 2012
  8. Enlightenment from a 'millionaire' cleaner
  9. Is there hope for Chinese football?
  10. Men to wives: Earn more, but still less than I do

What’s happening in China

Spring Festival draws near, immigrant workers have begun to go home, leading a travel peak at the railway station.

  1. Southern China tested by record cold temps
  2. Debate rages online: Bribes or donations?
  3. Chinese companies want more staff
  4. Yum! Brands sales in China hit by govt probe
  5. Leak scandal company ordered to halt