Mundoro Capital Inc

MICHELAGOA traditional Chinese ceremony in July 2005 marks the transfer of the bacterial oxidation plant in the gold-mining town of Laizhou, Shandong province, to Aussie miner, Michelago. The pillars in the background represent wisdom. And the women are holding trays of flowers, each with a pair of scissors to cut the opening ribbon. The BacOx plant, the largest of its kind in China, processes third-party concentrates at a rate of about 150,000 oz. gold annually and is key to an impending merger between Toronto-based Golden China Resources and Michelago.

Golden China claws its way to production

A little known company that traces its roots to Hong Kong, is listed in Toronto, and is about to merge with an Australian firm that holds Chinese assets, has ambitions to become the largest foreign pr…

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.