chinese buying australian gold miners

SHANDONG GOLD and ZIJIN MINING
are said to be looking into an offer for Alacer Mine which is a Toronto and ASX listed group which is entertaining offers for its struggling mines South of Kalgoorlie.

SHANDONG already owns 49% if the cashed up Kalgoorlie Gold producer FOCUS MINERALS and ZIJIN controls the Paddington Gold project near Kalgoorlie.
China is not backing away from buying Gold Miners who are struggling because of the low Gold prices.

CHINA to the Rescue.