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

Australian Expat Found Guilty of Working for Suspected Chinese Spies

Alexander Csergo arrives at the Downing Centre Local Court...

Irans New Supreme Leader Is Probably Alive in Some Form, Trump Says

US President Donald Trump acknowledges the applause of attendees...

4 Confirmed Dead After US Refueling Plane Crashes in Iraq

An F-16 fighter refuels from a KC-135 Stratotanker over...

Celebrity Chef Ren Redzepi Resigns From Iconic Danish Restaurant Noma After Abuse Allegations

Danish chef René Redzepi in London on April 29,...