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Eldorado Gold to sell remaining assets in China to Yintai Resources for $600 million

Cecilia Jamasmie | May 16, 2016 | 8:00 am Base Metals Precious Metals Canada China Europe Copper Gold 

Canada’s Eldorado Gold (TSX:ELD) (NYSE:EGO), until now the largest foreign gold producer in China,  is selling its stakes on two mines and development project to an affiliate of China’s Yintai Resources (SHSZ:000975) for US$600 million in cash. The transaction, expected to...

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