Zijin Mining slows M&A on valuations, geopolitical risks

Mining News Pro - Zijin Mining Group Co., a leading Chinese copper and gold miner, has slowed acquisitions due to high project valuations and geopolitical tensions.

Zijin Mining to explore for lithium in DRC

Mining News Pro - China’s Zijin Mining Group is hoping to tap into the Democratic Republic of Congo’s (DRC) lithium deposits by launching an exploration project in a partnership with state-owned firm La Congolaise d’Exploitation Minière (Cominiere).

Zijin Mining to produce copper at Buritica gold mine

Mining News Pro - Zijin Mining, China’s no.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold and silver.

Zijin Mining to buy Canada’s Continental Gold in $1 billion deal

Mining News Pro - Zijin Mining, China’s No.1 gold producer, is buying Canadian miner Continental Gold for almost C$1.4 billion ($1bn), in a move aimed at increasing the company’s bullion reserves and boosting cash flow as well as profit.

Zijin Mining plans to sell $1.2bn A-shares to fund Nevsun purchase

Mining News Pro - Chinese gold miner Zijin Mining Group Co Ltd said it plans to sell up to 8-billion yuan ($1.16-billion) worth of new shares in Shanghai to help fund its purchase of Canada`s Nevsun Resources Ltd .

UPDATE 1-China`s Zijin Mining to take stake in Serbian copper complex

Mining News Pro - China`s Zijin Mining has won the tender to become a strategic partner in Serbia`s sole copper complex RTB Bor, pledging to invest $1.26 billion in return for a 63 percent stake, Energy Minister Aleksandar Antic said on Friday.

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