Golden China Resources Corporation

MICHELAGOA traditional Chinese ceremony in July 2005 marks the transfer of the bacterial oxidation plant in the gold-mining town of Laizhou, Shandong province, to Aussie miner, Michelago. The pillars in the background represent wisdom. And the women are holding trays of flowers, each with a pair of scissors to cut the opening ribbon. The BacOx plant, the largest of its kind in China, processes third-party concentrates at a rate of about 150,000 oz. gold annually and is key to an impending merger between Toronto-based Golden China Resources and Michelago.

Golden China claws its way to production

A little known company that traces its roots to Hong Kong, is listed in Toronto, and is about to merge with an Australian firm that holds Chinese assets, has ambitions to become the largest foreign pr…

Latin American in Argentina

Capital pool company Latin American Minerals (LAT-V) has taken over the Argentine properties of Golden China Resources (AUC-V) in a qualifying transaction….

APAC to merge with Asian merchant bank

Vancouver — Vancouver’s APAC Minerals (APC-V) intends to merge with Golden China, a Toronto-based private merchant bank. The move is designed to give APAC better access to China’s mining industry.

Juniors flat as gold holds above US$450

Precious metals, for the most part, traded in a narrow range over the trading period Dec.1-7. which saw a bit of weakness return to the junior mining sector. The TSX venture exchange index closed at 1712.19, down 37.2 points, or 2% lower from the…

APAC cuts high-grade gold at Nibao

Vancouver — Drilling by APAC Minerals (APC-V) at its Nibao project in southwestern China has intersected the highest gold grades to date.

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