Who is Shandong Gold, future owner of Cardinal Resources in Ghana?
China’s number two gold producer has finally seen its bid for a majority stake in Cardinal Resources accepted by the Australian gold producer based in West Africa.
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▪ Who is Shandong Gold, future owner of Cardinal Resources in Ghana?
▪ China’s number two gold producer has finally seen its bid for a majority stake in Cardinal Resources accepted by the Australian gold producer based in West Africa.
▪ https://www.africabusinessplus.com/en/806523/who-is-shandong-gold-which-took-over-cardinal-resources-in-ghana/
Three other companies were competing for the mine, which owns the world-class Namdini project in Ghana with a potential of 5 million oz. These were Nordgold and Engineers & Planners, the brother of former Ghanaian president Mahama, and another Chinese company, Dongshan Investments Ltd.
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