ELDORADO GOLD / SINO GOLD


Eldorado Gold Corporation
already had a presence in China when it made a friendly, $1.87 billion offer on August 26 for Sino Gold Mining Limited. The acquisition will more than double Eldorado’s gold production in China, and make the Canadian miner the biggest foreign gold producer in the world’s largest gold-producing country. In 2008 China overtook South Africa as the global leader in gold production.

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