China's new golden game?

Iron ore, copper, nickel-cobalt, uranium, coal - these sectors have all attracted Chinese investors. Iron ore especially.

But the one sector notable, so far, for lack of Chinese interest has been gold.

Which is why the announcement today by Norton Gold Fields is worth noting. China Precious Metal Resources is spending $14 million to buy 14.6 per cent of the miner at 25c a share, against the last sale before the trading halt going through at 17.5c. NGF hit an intraday high today of 21.5c.

Click here for more about China's new potential interest in gold.

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