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Chinese gold miners have been flocking to offshore capital markets to raise funds, fueled by the precious metal’s bullish outlook as prices soar to record highs.
One of China’s biggest gold miners is planning its second dollar bond offering in two weeks, the latest in a slew of global companies looking to tap growing investor interest in the precious metal.
A wave of Chinese gold miners is pushing to raise funds in Hong Kong, seeking to capitalise on rising investor interest in the metal during a record-setting rally that’s made it a standout commodity ...
Nevertheless, it is hard to see how Chinese dominance of critical-mineral mining is ideal for Africa. China’s immediate priority is getting as much raw material out of Africa as quickly as possible.
Shandong Gold Group is the latest miner looking to cash in on the rally in gold. It is currently seeking to raise as much as $600 million in loans. Copper $ 5.1785 / lb 0.51% ...
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