National security concerns have reared their head. On December 21, President Obama may by urged to agree to disagree on Chinese investment in a Nevada mining operation, given that is near a US naval …
Read Original Story: Battle Lines Drawn For Gold – Gold Investing News
WASHINGTON — A company controlled by the Chinese government has notified the Obama administration that it is withdrawing its application to buy a Nevada gold mining company to avoid a conflict after federal officials raised “serious, …
Read Original Story: Chinese Group Won't Buy US Gold Mining Company – New York Times
TORONTO (miningweekly.com) – China’s Northwest Non Ferrous International Investment will back out of a deal to buy 51% of gold junior Firstgold, after the US government objected to the deal on national security grounds. Firstgold, which is listed in …
Read Original Story: Chinese co withdraws from gold deal on US national security objection – Creamer Media's Mining Weekly
BEIJING, Dec 18 – A company developing a gold mine in Nevada has warned that the United States may reject its proposed partnership with a Chinese mining firm on national security grounds because the mine is near a military installation. …
Read Original Story: US may block China-backed mine dvlpt near Navy site – Alibaba News Channel
WASHINGTON, Dec 21 (Reuters) – A Chinese mining company has withdrawn from a deal with Nevada mining company Firstgold (FGD.TO) after the Obama administration objected on national security grounds, Firstgold’s chief executive said on Monday. …
Read Original Story: Chinese miner backs out of deal after US objects – Reuters
WASHINGTON, Dec. 21 (UPI) — A Chinese mining giant, Northwest Non-Ferrous International Co., said it would not buy a gold mine in Nevada to sidestep a regulatory showdown. The Treasury Department was prepared to recommend President Barack Obama veto …
Read Original Story: Chinese miners retreat from Nevada deal – UPI.com
Firstgold Corp. (TSX: FGD) (PINKSHEETS: FGOC) ("Firstgold" or "the Company") has been advised by Northwest Non Ferrous International Investment Company Ltd. ("Northwest") that they will withdraw their application to the Committee of Foreign Investment …
Read Original Story: Firstgold Expects Northwest to Withdraw From Investment Agreement – CNNMoney.com (press release)
WASHINGTON/BEIJING, Dec 18 – US. mining company Firstgold still hopes to complete a partnership deal with a Chinese mining company despite US national security concerns that could cause President Barack Obama to block it, the company’s chief executive …
Read Original Story: US may block China mine investment near Navy site – Alibaba News Channel
