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Zijin Mining Group Co Ltd (2899.HK)

2899.HK on Hong Kong Stock

2.74HKD
21 Jan 2019
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Wed, Jan 2 2019

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

HONG KONG 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 .

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

HONG KONG, Jan 2 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 .

China's Zijin sees 2018 gold output at about 37 tonnes

* Zijin Mining Group Co Ltd, one of China's biggest gold miners, will produce around 37 tonnes of the precious metal in 2018, its chairman said on Thursday.

UPDATE 1-Lundin Mining says no plan to amend hostile Nevsun bid

Sept 6 Canada's Lundin Mining Corp said on Thursday it does not plan to revise its hostile bid for fellow base-metal miner Nevsun Resources Ltd after it was trumped by a C$1.86 billion ($1.42 billion) offer from China's Zijin Mining Group Co Ltd.

Lundin Mining says no plan to amend hostile Nevsun bid

Sept 6 Canada's Lundin Mining Corp said on Thursday it does not plan to revise its hostile bid for fellow base metal miner Nevsun Resources Ltd after it was trumped on Wednesday by a C$1.86 billion ($1.42 billion) offer from China's Zijin Mining Group Co Ltd.

Canada's Nevsun Resources agrees to richer Zijin bid

TORONTO Canada's Nevsun Resources Ltd has agreed to a buyout bid worth C$1.86 billion ($1.41 billion) from China's Zijin Mining Group Co, the companies said on Wednesday, in a deal trumping Lundin Mining Corp's earlier hostile offer.

Canada's Nevsun agrees for $1.41 bln takeover by China's Zijin Mining

Sept 5 Nevsun Resources Ltd said on Wednesday it entered into an agreement pursuant to which China's Zijin Mining Group Co Ltd will make an offer valued at C$1.86 billion ($1.41 billion) for the Canadian miner.

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