"China’s leading gold producer Zhaojin International Mining has formed a joint venture (JV) with Perth-based PCF Capital Group to invest in Western Australia’s gold mining sector.
PCF, an independent corporate advisory firm, will identify opportunities and provide advice to Zhaojin on potential transactions.
Zhaojin is one of China’s largest gold smelting companies with a market capitalisation of $US5 billion ($7.4 billion)."
excerpted from "Australian Mining Newsletter" (free, but you have to register).
pmd3nka (reducing some exposure to goldies ATM, but still hold gold, silver, BBUS)
