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Zijin Mining Group Co Ltd (2899.HK)

2899.HK on Hong Kong Stock

2.74HKD
21 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Zijin Mining Group Updates On Progress Of Production Resumption Of Porgera Gold Mine Project
Friday, 8 Jun 2018 

June 8 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::UPDATES IN RELATION TO PROGRESS OF PRODUCTION RESUMPTION OF PORGERA GOLD MINE PROJECT IN PAPUA NEW GUINEA.ESTIMATED THAT IT WILL TAKE ANOTHER 6 TO 8 WEEKS FOR HIDES GAS POWER STATION TO REACH FULL CAPACITY.CONFIRMS SIGNIFICANT PROGRESS ACHIEVED IN RESTORATION AND REPAIR OF POWER GENERATION FACILITY OF PORGERA GOLD MINE PROJECT.HIDES GAS POWER STATION RESTARTED GENERATING POWER IN EARLY JUNE; NOW ABLE TO SUPPLY ELECTRICITY AT 50% OF PRE-EARTHQUAKE CAPACITY.  Full Article

NKWE Platinum Says No Formal Binding Offer Made By Zijin To Buy Remaining Shares In Co
Thursday, 7 Jun 2018 

June 7 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::NO FORMAL BINDING OFFER HAS BEEN MADE BY ZIJIN TO ACQUIRE REMAINING SHARES IN NKWE.  Full Article

Zijin Mining's 2017 Net Profit Up 90.66 Pct, To Issue Debt Financing Instruments
Friday, 23 Mar 2018 

March 23 (Reuters) - Zijin Mining Co Ltd <601899.SS>2899.HK::SAYS 2017 NET PROFIT UP 90.66 PERCENT Y/Y.SAYS IT PLANS TO ISSUE UP TO 12 BILLION YUAN ($1.90 billion) WORTH OF DEBT FINANCING INSTRUMENTS.  Full Article

NKWE Platinum ‍Receives Takeover Bid From Zijin Mining Group
Monday, 19 Mar 2018 

March 19 (Reuters) - Nkwe Platinum Ltd ::‍HAS RECEIVED FROM ZIJIN MINING GROUP INDICATIVE AND NON-BINDING PROPOSAL TO ACQUIRE 100% OF ISSUED SHARES IN CO​.‍ ZIJIN MINING TO ACQUIRE 100% STAKE IN CO WHICH IT DOES NOT ALREADY OWN FOR CASH CONSIDERATION OF A$0.080 PER SHARE​.  Full Article

Zijin Mining Comments On Impact Of Earthquake On Porgera Gold Mine
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::PORGERA GOLD MINE APPEARS UNAFFECTED BY EARTHQUAKE, BUT MINE'S PRIMARY POWER GENERATING FACILITY IN HIDES HAS SUSTAINED DAMAGE.PORGERA GOLD MINE IS OPERATING ON BACK-UP POWER AND SOME PRODUCTION ACTIVITIES HAVE BEEN SUSPENDED TO CONSERVE POWER..NO EMPLOYEES OF PORGERA GOLD MINE WERE INJURED DURING EARTHQUAKE OR DURING SUBSEQUENT AFTERSHOCKS..  Full Article

Ivanhoe Says Recently Had "Constructive" Discussions on Review Of Democratic Republic Of Congo 2002 Mining Code​
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Ivanhoe Mines ::ANNOUNCES A 50% INCREASE IN INDICATED MINERAL RESOURCES, AT A 3% CUT-OFF GRADE, AT THE ULTRA-HIGH-GRADE KAKULA COPPER DISCOVERY IN D.R. CONGO.SAYS ‍NEW MINERAL RESOURCE ESTIMATE ESTABLISHES KAMOA-KAKULA PROJECT AS WORLD'S FOURTH-LARGEST COPPER DISCOVERY​.‍KAMOA-KAKULA PROJECT IS A JOINT VENTURE BETWEEN IVANHOE MINES, ZIJIN MINING AND GOVERNMENT OF DEMOCRATIC REPUBLIC OF CONGO​.SAYS CONSULTATION BETWEEN INDUSTRY PARTICIPANTS AND GOVERNMENT SET TO BEGIN TO REVIEW THE DEMOCRATIC REPUBLIC OF CONGO 2002 MINING CODE​.SAYS RECENTLY HAS HAD CONSTRUCTIVE DISCUSSIONS IN KINSHASA, CAPITAL OF DRC, REGARDING REVIEW OF DRC 2002 MINING CODE​.‍IN CONJUNCTION WITH OTHER INTERNATIONAL MINING COS OPERATING IN DRC, PROGRESS BEEN MADE TO UNDERSTAND ISSUES OF CONCERN TO GOVERNMENT & INDUSTRY PARTICIPANTS​.SAYS ‍HAS RECEIVED SPECIFIC ASSURANCE THAT A DETAILED CONSULTATION PROCESS WILL COMMENCE IN NEAR FUTURE TO REVIEW THE DEMOCRATIC REPUBLIC OF CONGO'S 2002 MINING CODE.  Full Article

Acacia Mining Says Exploring Sale Of Stake In Some Or All Of Its Tanzanian Operations
Friday, 16 Feb 2018 

Feb 16 (Reuters) - ACACIA MINING - :RESPONSE TO MEDIA SPECULATION​.COMMENCED A PROCESS TO EXPLORE VALUE TO COMPANY OF SALE OF A STAKE IN SOME OR ALL OF ITS TANZANIAN OPERATIONS​.‍CO IS ENGAGING WITH SMALL NUMBER OF POTENTIAL INVESTORS, AND THERE CAN BE NO CERTAINTY THAT AN AGREEMENT WILL BE REACHED​.‍COMPANY CONFIRMS THAT IT HAS NOT RECEIVED AN APPROACH FROM ANY THIRD PARTIES TO ACQUIRE SHARES IN COMPANY​.  Full Article

Zijin Mining Group says change of accounting policy
Wednesday, 24 Jan 2018 

Jan 24(Reuters) - Zijin Mining Group Co Ltd <601899.SS> ::Says it changed the accounting policy due to national policy requirement.  Full Article

Zijin Mining's Unit Sells 6.48 Million Shares In Pretium Resources Inc
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>2899.HK::SAYS UNIT SOLD 6.48 MILLION SHARES IN PRETIUM RESOURCES INC <<>>, EXPECTS INVESTMENT GAIN OF ABOUT 215 MILLION YUAN ($33.08 million).  Full Article

Zijin Mining Group Says Unit‍ Disposed 6.5 Mln Shares Held In Pretium Resources Inc​
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::UNIT‍ JIN HUANG MINING CO LTD DISPOSED OF 6.5 MILLION SHARES HELD IN PRETIUM RESOURCES INC​.‍AFTER DEDUCTING COSTS, INVESTMENT INCOME EXPECTED TO BE REALISED IS ABOUT RMB215 MILLION​.  Full Article

Three companies from Canada, China, Russia bid for Serbian copper mine

BELGRADE Three companies have placed bids for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter, the Economy Ministry said.