Chinese Company on US Forced Labour Watchlist to Acquire Canadian Gold Mining Firm

Date:

Gold bullion bars are pictured after being inspected and polished at a refinery in Sydney on Aug. 5, 2020. David Gray/AFP via Getty ImagesState-owned Chinese corporation Zijin Gold International says it has reached an all-cash deal to buy Canadian company Allied Gold Corp. for $5.5 billion in cash.Zijin Gold International is a subsidiary of Zijin Mining Group, which is listed on the U.S. government’s Uyghur Forced Labor Prevention Act Entity List. The act restricts the import of goods in the United States from companies considered to be connected to the use of forced labour of China’s ethnic Uyghur minority in the Xinjiang region.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Says He May Consider Withdrawing Troops From Italy, Spain

U.S. President Donald Trump meets with Italian Prime Minister...

Purged Chinese General Retains Key Positions on Paper Amid CCP Infighting: Insiders

Zhang Youxia, China's vice chairman of the Central Military...

War Crimes Report to Be Displayed at Australian War Memorial

The uniform of former Special Air Services officer Ben...

Middle East War Clouds Canadian Travel Outlook as Aviation Costs Rise

An Air Canada flight departing for Toronto, bottom, taxis...