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Canadian gold producer invests $11m in embattled Vantage Goldfields

Canadian gold producer AfroCan Resources Gold will invest $11-million over the next two months into South African gold miner Vantage Goldfields, effective June 1, following an agreement signed Friday, Vantage confirmed to Mining Weekly Online. The companies noted in a join statement that AfroCan, which was in the process of building a portfolio of gold assets, had identified Vantage as a strategic component to its plans.