When the world’s biggest gold bullion company decides to sell its gold holdings

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Goldbely, an Austrian gold mine company, announced on Friday it was selling its gold to Chinese mining giant China National Gold Corporation (CNGC) for more than $300 million, the world, biggest gold miner, announced.Goldbely is also taking a 25% stake in the CNGC in an agreement that was announced in March.Goldbey, which is controlled by …

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