Gold mining in China

Few are able to operate on a global platform, though the number of producers had shrunk to about 800 in 2007 after mergers and acquisitions and restructuring and consolidation.

Though foreign investment still constitutes a very important part of gold mining expansion, since 1995 it has no longer been actively encouraged by the Chinese government.

[7] In 2006 the Chinese Government began encouraging some private and state-owned companies to pursue mining deals outside of China.

In the 10 years that have since passed, the number of major mining/mineral projects in Africa that are owned by Chinese firms have increased from only a handful in 2006 to more than 120 in 2015.

[8] A 2016 report stated that Chinese mining companies intend to continue and even increase investments in foreign assets.

[9] In 2012, the China General Nuclear Power Corporation (CGNPC) invested in the Husab project in Namibia, one of the world's largest uranium deposits,[10] and mining started in 2015.