Logo 17 Dec 2025

CMOC bets big on gold in major Brazil mine acquisition

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Chinese miners continue spending big on overseas assets – a trend that will test geopolitical tempers.
The latest: Publicly traded, partially state-owned CMOC has struck a deal with Canada’s Equinox Gold to acquire four gold mines in Brazil (Caixin).

Equinox will receive USD 900 million in cash, pl...