Eldorado brings on private equity partner for China gold project

Mon, 24 Feb - 11:12pm

Feb 24 (Reuters) - Eldorado Gold Corp has agreed to sell a minority stake in its Eastern Dragon gold project to Chinese private equity firm CDH Investments, the Canadian miner said on Monday.

Eldorado said CDH would acquire 20 percent of the project for $40 million in cash.

(Reporting by Allison Martell; Editing by Lisa Von Ahn)

((allison.martell@thomsonreuters.com)(+1 416 941 8196)(Reuters Messaging: allison.martell.thomsonreuters.com@reuters.net))

Keywords: ELDORADO CDH/

URN: 
urn:newsml:reuters.com:20140224:nL1N0LT0RF:2
Topics: 
CMPNY INVM CA PREC MINE METL DEAL1 RTRS MIN GDM BMAT GOL FINS FUND COM ASIA PVE EMRG BISV LEN MRG INVS BACT PREMTL CN MTAL AMERS

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