Fund mulls Glencore mine bid

Bullish outlook on bullion may attract other investors

China's Silk Road Fund, a $40 billion pool set up to invest along the ancient trade routes with Central Asia, is discussing a joint bid for Glencore Plc's gold mine in Kazakhstan.

The fund is partnering with China National Gold Group Corp on a possible joint offer for the Vasilkovskoye mine, which could fetch about $2 billion, according to people with knowledge of the matter.