Zijin Mining Group is one of the largest Chinese gold producers in China, and operates the Zijinshan Gold Mine. It paid US$240 million for control of Australia’s Norton Gold in 2012.
Zijin Mining, China's largest gold producer, is being hit by a lower gold prices and a decline in the gold content of ore at its mainstay mine.Saturday, 12 April, 2014, 1:52am 1 comment
Shares in Zijin Mining Group, China's biggest gold producer by value, jumped yesterday after it unveiled an agreement to increase its stake in an Australian gold mine.
The Fujian-based mining company said on Thursday night that it had agreed to buy the shares of Norton Gold Fields it did not already own for about A$180.3 million (HK$1.36 billion).2 Jun 2012 - 12:00am
Zijin Mining Group, China's largest gold producer by output, whose war chest has been bolstered by a recent bond issue, has budgeted 5 billion yuan (HK$6.06 billion) to acquire overseas assets.
The privately owned firm raised US$480 million last month from the issue of bonds backed by a standby letter of credit from Bank of China.11 Aug 2011 - 12:00am
Gold miner Zijin Mining Group, which was embroiled in a major pollution incident last year, says its net profit rose 36 per cent, thanks to higher prices for the precious metal.1 Apr 2011 - 12:00am
Zijin Mining Group, China's largest gold miner and third-largest copper producer, is being investigated by the China Securities Regulatory Commission in relation to 'the violation of law and regulations of information disclosure'.30 Mar 2010 - 12:00am
Regulator shows intolerance as it suspends gold miner after a debut surge of 208.56pc
Mainland regulators signalled a crackdown on wild speculation on the nation's stock markets, suspending the trading debut of Zijin Mining Group yesterday after its shares soared as much as 208.56 per cent.26 Apr 2008 - 12:00am
Zijin Mining Group's A-share offering drew subscriptions of more than 2 trillion yuan (HK$2.23 trillion) from public investors, beating analysts' expectations, a source said.
Investors were betting that the gold miner will trade at a premium on its first trading day.17 Apr 2008 - 12:00am
Zijin Mining Group, the mainland's second-largest gold miner, scaled down its A-share initial public offering, bowing to weak market sentiment.
Essence Securities, underwriter of the float, said yesterday it was cautious on the offer's outlook, admitting the price may not be set at the top end.16 Apr 2008 - 12:00am
Zijin Mining Group, the mainland's second-largest gold miner, will start selling 1.5 billion A shares next week as the company moves to speed up overseas acquisitions.
The company received regulatory approval for its initial public offering on December 26 but had faced delays because of the volatile market conditions. The share sale could start as early as Monday.4 Apr 2008 - 12:00am
Fujian-based Zijin Mining Group, the largest mainland gold miner in terms of market value, is planning to raise gold output 10 per cent. The move is to capitalise on the continuing rise in precious metals after the group announced a big jump in its profits last year.10 Mar 2008 - 12:00am