CAPITAL MARKETS

Chinese firm prospering in Southern Cross

VARIOUS Chinese-backed investments in Australian iron ore opportunities may have proved a tad disastrous but a gold venture by Hanking Gold Mining in the Southern Cross region of Western Australia is evidently proving a very good success indeed.

Michael Quinn
Chinese firm prospering in Southern Cross

Hanking, which is owned by Hong Kong-listed China Hanking Holdings, bought the then tired-looking Southern Cross gold operations from St Barbara back in early 2013 for $A22.5 million. It began producing...

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