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Chinese takeover of Vancouver gold miner unlikely to be blocked by government, analyst says

Retrieved on: 2025-04-22 22:22:47

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Chinese takeover of Vancouver gold miner unlikely to be blocked by government, analyst says. View article details on hiswai:

Summary

The article discusses a Chinese company's acquisition of Vancouver-based Lumina Gold Corp. for $581 million. Despite past Canadian government scrutiny over mineral transactions, this deal, involving CMOC Group Limited, is likely to proceed since gold isn't a critical mineral.

Article found on: ca.finance.yahoo.com

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