Eldorado Gold Corp. said Monday the due diligence conditions in a $2-billion deal to buy the rest of Australia’s Sino Gold Mining Ltd. have been satisfied.

The two companies said Sino Gold shareholders will vote on the deal by late November and it is expected to close in early December.

The move will allow Vancouver-based Eldorado to expand its presence in China, and will result in a gold producer with a combined stock market value of $6.4 billion.

Under the terms of the deal, Sino Gold stockholders will receive 0.55 of an Eldorado share for each share they own.

The transaction allows Eldorado to complete the takeover of the Australian company begun in June when it acquired a 20-per-cent stake from Gold Fields Ltd., a major South African miner.

The Gold Fields purchase was valued at about $305.5 million and also gave Gold Fields a seven per cent interest in Eldorado, which operates in Brazil, China, Greece, and Turkey.

Sino Gold is the largest international gold explorer and miner in China.

Eldorado shares lost 26 cents or two per cent to $12.59 in morning trading on the TSX.

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