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.