China makes another move into PNG mining

BUFFALO Gold has signed a memorandum of understanding with a large Chinese construction firm which will initially pour some $C13 million (K26.54 million, $A15.60 million) into the Canadian explorer as well as the Mt Kare gold project in Enga Province.

China makes another move into PNG mining China makes another move into PNG mining China makes another move into PNG mining China makes another move into PNG mining China makes another move into PNG mining

The deal is a great boon to Buffalo given the notoriously difficult financing environment as the world remains in the throes of the credit crunch.

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