Chinese Firm Invests $120 Million in Pakistan Copper Gold Mine

via www.bloomberg.com

Jiangxi Copper Co., China’s largest producer of the metal, is spending $120 million on a copper and gold mine in Pakistan to secure more supplies of the metals, The company made an initial investment for the first-phase of development of the Saindak copper mine, The company will secure 20,000 metric tons of copper and 2 tons of gold this year…