Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Alisha Rahaman Sarkar

Chinese company on US forced labour watchlist to buy Canadian gold mining firm

A Chinese mining group which is on America’s forced labour watchlist has announced its acquisition of a Canadian mining company in the days following Mark Carney's visit to China.

Zijin Gold International, one of the world's largest gold miners with operations across nine countries, will run Canada’s Allied Gold’s mines in Africa following an all-cash deal for $4.2bn (£3.07bn) as ‌the Chinese firm ramps up its global expansion against the skyrocketing prices of the yellow metal.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.