TORONTO—The purchase of a gold mine in the Canadian Arctic by a state-run Chinese company is triggering alarms in Canada over China’s expanding presence in a region that is growing in strategic importance for its shipping lanes and resources.
Opposition parties and former government officials have called on Canadian Prime Minister Justin Trudeau’s government to block Shandong Gold Mining Co., one of China’s largest gold miners, from buying Toronto-based TMAC Resources Inc., whose operation is almost 120 miles north of the Arctic Circle.
Opposition parties and former government officials have called on Canadian Prime Minister Justin Trudeau’s government to block Shandong Gold Mining Co., one of China’s largest gold miners, from buying Toronto-based TMAC Resources Inc., whose operation is almost 120 miles north of the Arctic Circle.
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