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Chinese gold miners are aggressively scouting for overseas acquisitions, encouraged by historically low gold prices that could help them scoop up assets cheaply.
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As far as China's miners are concerned, the modern day Silk Road is paved with gold. Buoyed by a 15 percent rise in the gold price this year, Chinese mining executives in Tianjin this weekend were
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Gold Fields and Australia's Sino Gold Mining , have set up a joint venture focused on discovering large gold deposits in China with the potential to produce about 500,000 ounces a year. Sino Gold has been buying stakes in Chinese gold deposits and explorers.
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