The Australian unit of China’s biggest gold producer Zijin Mining Group says it will look at...

|By:, SA News Editor

The Australian unit of China’s biggest gold producer Zijin Mining Group says it will look at bidding for three mines Barrick Gold (ABX) has put up for sale, signaling confidence in gold’s prospects. Chinese companies are stepping up deal activity in the gold sector while many of their big Western rivals are pulling back their spending.