2013-06-05gata.org

``Deal activity has declined since last year, but Chinese gold miners continue to buy mines, as they count on a recovery in gold prices. On Friday, Chinese gold miner Kingwell Group Ltd. said it plans to make an offer for more than half of Brazilian Gold Corp., a Canadian mining firm with a major project in northern Brazil, taking the value of deals launched by Chinese companies this year to $436 million, according to data provider Dealogic.''



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