China Gold Gains 5% on Rumored Merger with Minmetals-Shanghai Metals Market

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China Gold Gains 5% on Rumored Merger with Minmetals

Industry News 06:07:53PM Jul 18, 2017 Source:SMM

SHANGHAI, Jun. 18 (SMM) - China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) rose 5.26% July 18 on top of rumors that China is considering a merger between China Minmetals Corp and China National Gold Group, according to sina.com.

Silicon Metal Plants in Yunnan Hike Guide Price Further This Week, SMM Reports

It was reported the two state-owned firms have been in negotiations for months, though no agreement has been reached. Minmetals said it did not hear any discussions over the said merger. China National Gold declined to comment.

Chihong Zn&Ge Net Profit Skyrockets 3,150.76% in First Half on Excellent Lead and Zinc, SMM Reports

MMG (01208) rose 1.02% to 2.98 yuan, with 40.34 million shares traded for 120 million yuan. 

China’s Pengxin Resources said it will develop gold business with relatively low cost. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

China Gold Gains 5% on Rumored Merger with Minmetals

Industry News 06:07:53PM Jul 18, 2017 Source:SMM

SHANGHAI, Jun. 18 (SMM) - China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) rose 5.26% July 18 on top of rumors that China is considering a merger between China Minmetals Corp and China National Gold Group, according to sina.com.

Silicon Metal Plants in Yunnan Hike Guide Price Further This Week, SMM Reports

It was reported the two state-owned firms have been in negotiations for months, though no agreement has been reached. Minmetals said it did not hear any discussions over the said merger. China National Gold declined to comment.

Chihong Zn&Ge Net Profit Skyrockets 3,150.76% in First Half on Excellent Lead and Zinc, SMM Reports

MMG (01208) rose 1.02% to 2.98 yuan, with 40.34 million shares traded for 120 million yuan. 

China’s Pengxin Resources said it will develop gold business with relatively low cost. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.