in the AFR today, connection between PGO and potential china money/equity/investment that I hadn't realised
A new player looks set to be added to the Australia's thriving listed gold sector, with Chinese miner China Hanking Holdings revealing it is considering spinning off its gold business and listing it on the Australian Securities Exchange.
The Shenyang-based diversified miner's gold business, Hanking Gold Mining, is based in Perth and centres around the Southern Cross gold project in Western Australia which it acquired from St Barbara for $22.5 million in 2013. The business also has investments in ASX-listed gold miners, Doray Minerals and Primary Gold.
