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Midas targets Chinese gold

MIDAS Resources is aiming to become a gold producer by the end of the year after signing a memorandum of understanding with a subsidiary of China’s largest gold producer.

Ben Sharples

Midas has entered into the MOU with Zhonglin Geological Corporation (ZGC), a wholly owned subsidiary of China National Gold Corporation, giving Midas the right to acquire a 55% controlling stake in the...

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