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Comment (AN AUSTRALIAN mining company has been attacked on official Chinese television for the type of environmental, community and financial abuses sometimes associated with Chinese-owned mines in Africa, Papua New Guinea and South America.
China Central Television (CCTV) alleged that Sino Gold, a $1.3 billion company listed on the Australian and Hong Kong stock exchanges, paid virtually nothing for China's second-largest goldmine and proceeded to poison the water, disregard local people and reap windfall profits in a cozy tax-free deal.
The 30-minute tirade, which advocated even tougher restrictions on foreign investment in Chinese mines, was broadcast nationally twice last week and the transcript reprinted on more than 500 Chinese internet news and blog sites.
Sino Gold's chief executive, Jake Klein, said it was difficult to take the program seriously because it was riddled with so many "gross inaccuracies".
Other foreign mining companies said the program was "so ...
