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China's 2nd biggest gold miner pursues Australia's Focus as domestic demand augments

Marc Howe | September 21, 2012 | 3:49 am Precious Metals Australia China Europe Gold 

China's Shandong Gold Group has agreed to purchase 51% of Australian gold miner Focus Metals (ASX:FML) as Chinese appetite for the precious metal intensifies. Reuters reports that Shandong Gold, China's second-largest gold miner in terms of reserve, will pay a...

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