Topic
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.
TOPIC
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.
Chinese miner Zijin locks horns with Australia’s AVZ over Congo’s Manono Lithium Mine
- Zijin says it is the legitimate owner of a 15 per cent stake in Congo’s Manono Lithium Mine, denies AVZ claim that transfer was ‘spurious in nature’
- 15 per cent stake could result in the project falling under Chinese or Australian control
Gold rally spurs M&A deals as marginal mines become viable again
A rally in gold prices to an all-time high is underpinning a surge in mergers and acquisitions as unprofitable or marginally economic assets become viable targets.
A rally in gold prices to an all-time high is underpinning a surge in mergers and acquisitions as unprofitable or marginally economic assets become viable targets.
China’s Zijin wins over Canadian gold miner 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.
North American firm’s shares rose as much as 11 per cent in Toronto on Monday after successful takeover by Fujian-based group.
China’s Zijin Mining to raise US$1.2 billion through share issue
China’s largest gold miner will issue A shares in Shanghai, raising US$1.16 billion to fund takeover of Canadian miner
China’s largest gold miner will issue A shares in Shanghai, raising US$1.16 billion to fund takeover of Canadian miner
Low gold price spells lacklustre profit outlook for Zijin
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.
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.