Found this (in Chinese) which I converted:
http://cn.reuters.com/article/companyNews/idCNSB130694820111226
Shanghai Construction (600170.SS: Quote ) announced that the company's wholly owned subsidiary of Shanghai Foreign Economic Holdings Ltd intends to acquire a gold mining company in Australia Charles (CHALICE GOLD MINES LTD.) indirectly owned by the State of Eritrea Zara Mining Company (ZARA MINING SHARE COMPANY) 60% stake. purchase price includes $ 80 million, and the proven reserves of the mine not be identified in consultation with mining interests in the other pen is not expected to exceed $ 20 million amount.
china deal?, page-4
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