Workers near the Zijin copper mine in Shanghang in July 2010. Photo: AFPWorkers near the Zijin copper mine in Shanghang in July 2010. Photo: AFP
Workers near the Zijin copper mine in Shanghang in July 2010. Photo: AFP

China’s Zijin wins over Canadian miner Continental Gold with US$1 billion cash offer

  • North American firm’s shares rose as much as 11 per cent in Toronto on Monday after successful takeover by Fujian-based group
  • Deal will give Zijin control of Continental’s Buritica gold project in Colombia, which is currently being developed

Topic |   Zijin Mining Group
Workers near the Zijin copper mine in Shanghang in July 2010. Photo: AFPWorkers near the Zijin copper mine in Shanghang in July 2010. Photo: AFP
Workers near the Zijin copper mine in Shanghang in July 2010. Photo: AFP
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