Zijin says it will advance disputed
Mining News Pro - China’s Zijin Mining said it will defend its right to advance the contested Manono Lithium mine in the Democratic Republic of Congo (DRC), after it was granted permission to develop the deposit.
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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.
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Visit: 173
Zijin in talks with Argentina to turn lithium into battery cathode
Mining News Pro - China’s Zijin Mining Group Co. is in advanced talks to build a plant in Argentina that will turn some of the nation’s huge lithium reserves into cathodes used to make electric-vehicle batteries.
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Visit: 145
Operations at Zijin Colombia mine partially halted after attacks
Mining News Pro - Some 60% of operations at Zijin Mining’s Colombia gold mine have been halted because of recent attacks against workers, allegedly carried out by illegal miners allied with a major crime gang, the company said on Friday.
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inside Zijin’s hyperconnected 5G mine
Mining News Pro - The Chinese mining colossus, Zijin, has joined forces with global technology giant and corporate compatriot, Huawei, and Africa’s premium telecoms network provider, MTN.
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Blockade at Zijin’s Colombia gold mine is lifted
Mining News Pro - Road blockades set up by community members around Zijin Mining’s Colombia gold mine were lifted, a government official said on Sunday, after more than a week of protests which hit the Chinese company’s production.
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Visit: 655
Zijin invests in Xanadu to ink copper-gold resources in Mongolia
Mining News Pro - Chinese miner Zijin Mining Group Co Ltd said on Wednesday that it would buy stake in Xanadu Mines Ltd with an eye toward obtaining its copper and gold resources in Mongolia.
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Visit: 308
China Minmetals, Zijin, BHP complete copper concentrate trade on MineHub platform
Mining News Pro - MineHub Technologies (TSXV: MHUB), developer of cost-savings solutions for mining companies, has announced that metals industry leaders China Minmetals, Zijin Mining and resources company BHP have concluded a two-step transaction on the company’s blockchain-based platform.
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Visit: 724
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).
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Visit: 790
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.
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Guyana-Zijin court hearing delayed
Mining News Pro - Guyana Goldfields still expects its takeover by Zijin Mining to conclude this month, despite a delay in a court hearing for the final order to approve the South America-focused mining company`s takeover by the Chinese group.
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Visit: 719
Zijin’s Guyana Goldfields takeover backed by proxy firms
Mining News Pro - Guyana Goldfields (TSX: GUY) announced on Wednesday that independent advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co. have provided reports backing the company’s proposed takeover by China’s Zijin Mining Group, which outbid the previous interested buyer Silvercorp Metals with an offer that would value Guyana Goldfields at C$323 million ($238m).
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Zijin, the mystery miner buying Guyana Goldfields
Mining News Pro - China’s Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals’ bid for Guyana Goldfields, with a deal that values the target miner at C$323 million ($238m).
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Zijin to buy Guyana Goldfields for C$323m
Mining News Pro - China’s Zijin Mining has been revealed as the international company that presented Canada’s Guyana Goldfields with a superior proposal, outbidding Silvercorp Metals with its C$323-million offer for the gold miner.
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Zijin moves into copper with $548m acquisition
Mining News Pro - Chinese miner Zijin Mining Group plans to acquire a 50.1% equity interest in Tibet Julong Copper, a company with rights to two copper deposits in Tibet, for CNY3.88bn ($548m).
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Zijin takes control of Tibet copper miner for $548m
Mining News Pro - China’s Zijin Mining Group Co said on Sunday it would pay 3.88 billion yuan ($548 million) to acquire a majority stake in a mining firm with rights to two copper deposits in Tibet.
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Zijin warns Papua New Guinea of anger over end of Porgera
Mining News Pro - China’s Zijin Mining has warned Papua New Guinea that its failure to renew the lease of a gold mine it jointly owns with Barrick Gold Corp there could damage bilateral relations.
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Visit: 800
Zijin cuts 2020 gold output target after Porgera mine snub
Mining News Pro - China`s Zijin Mining on Monday revised down its gold production target for 2020 after Papua New Guinea (PNG) refused to extend the mining lease at the Porgera mine it operates with Barrick Gold.
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Visit: 774
Continental’s investors approve buyout offer from Zijin
Mining News Pro - Canadian miner Continental Gold said on Tuesday its shareholders have voted in favour of a C$1.3 billion ($989.19 million) takeover offer from China’s Zijin Mining Group Co Ltd .
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Continental Gold shareholders urged to back Zijin’s $1bn takeover deal
Mining News Pro - Canada’s Continental Gold said on Tuesday that independent proxy advisory firms ISS and Glass Lewis have urged the Canadian miner’s shareholders to vote in favor of the takeover offer from Zijin Mining, China’s No.1 gold producer.
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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.
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PNG puts Barrick, Zijin on notice over Porgera gold mine negotiations
Mining News Pro - Papua New Guinea plans to take a larger share of the Porgera gold mine as part of lease-renewal talks, diluting the ownership of joint venture partners Barrick Gold Corp and Zijin Mining Group, the country’s commerce minister told Reuters on Monday.
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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 .
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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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Visit: 1103