China mulling over merger of state-owned metals giants: sources

Hong Kong

CHINA is considering a merger between China Minmetals Corp, one of the country's largest miners and metals traders, and China National Gold Group, as Beijing pushes consolidation of its state-run firms, sources with knowledge of the matter said.

Three sources with knowledge of the discussions said that the two state-owned firms have been in negotiations for months, though any agreement could still be some time away.