Ramelius enters strategic agreement with Chinese gold producer

Company News

by Jessica Amir

Ramelius Resources Limited (ASX:RMS) has announced it has entered into a strategic agreement with a leading gold producer in the People’s Republic of China.

The Western Australia based gold miner inked the deal with Zhaojin Mining Industry Company Limited, which has a history of managing large-scale operations. Zhaojin is also listed on the Hong Kong Stock exchange.

Both companies will establish a non-exclusive collaborative alliance that will generate mutually beneficial opportunities.

The parties will also explore various synergies with management and operational and technical expertise.

Shares in Ramelius Resources Limited (ASX:RMS) are trading 1.22% higher at 41.50 cents.
 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.