Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Shandong Gold Offers to Buy Jaguar Mining for $1 Billion

  • NOVEMBER 16, 2011, 11:16 A.M. ET

Shandong Gold Offers to Buy Jaguar Mining for $1 Billion

SHANGHAI—State-owned Shandong Gold Group Co. of China has offered to buy Brazilian gold miner Jaguar Mining Inc. for $1 billion, a person familiar with the matter said Wednesday.

The deal is the latest reminder of demand in China for the world's commodities. A deal in gold suggests that demand extends beyond resources China lacks, such as soybeans and iron ore, because China is the world's biggest gold producer.

Share
New Message
Please login to post a reply