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Zijin Mining: unit to take over gold company in Australia for AUD45mlnFrom Xinhua Financel Agency China's major gold producer Zijin Mining Group Co., Ltd (601899.SH; 02899.HK) announced on late Thursday that its wholly owned Norton Gold Fields Limited will offer about 45 million Australian dollars (about 205 million yuan), or 0.10 Australian dollar/share, to acquire all the issued shares of Australia's Phoenix Gold Limited that the Chinese company does not own. Nort...2015/08/07
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Pretium Resources Inc:Brucejack Project Receives Positive Federal Environmental Assessment DecisionFrom http://www.pretivm.com Pretium Resources Inc.(TSX:PVG)(NYSE:PVG) ("Pretivm") is pleased to announce that it has received an Environmental Assessment Decision Statement from the Federal Minister of the Environment which finds that theBrucejack Projectis not likely to cause significant adverse environmental effects. The Minister issued a Project Recommendation that includes a determination rega...2015/08/04
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Zijin To Acquire 49.5% Of Ivanhoe''s Kamoa Stake For US$412 Mln In CashFrom Nasdaq.com Ivanhoe Mines Ltd. (IVN) and China'sZijin Mining Group Co., Ltd. have signed a landmark agreement to co-develop the Kamoa copper discovery in the? Democratic Republic of Congo. As per agreement terms, Zijin - through its subsidiary, Gold Mountains International Mining Company Limited - will acquire a 49.5% share interest in Kamoa Holding Limited, an Ivanhoe subsidiary that presentl...2015/05/27
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Barrick pact with Zijin Mining opens doors in ChinaFrom the Global and Mail Barrick Gold Corp. is teaming up with China’s Zijin Mining Group Co. Ltd. to develop projects in a strategic partnership that Barrick chairman John Thornton has long been seeking. Their first deal will see the state-owned Chinese ?miner pay Barrick $298-million (U.S.) for a 50-per-cent stake in Barrick’s Papua New Guinea gold business. Since Mr. Thornton joined Barrick as ...2015/05/26
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Zijin Mining to Acquire Bullabulling Gold by Cash Offer at 32% PremiumFrom Shagnhai Metal Market Zijin Mining Group Co.’s subsidiary Norton Gold Fields Limited will make a cash offer of A$0.07 per share to acquire Bullabulling Gold Limited to increases Norton’s gold resources reserve. The offer price represented a 32% premium to the three month volume weighted average price for Bullabulling shares and equated to approximately A$25.2 million for the 100% acquisition ...2014/04/18
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Zijin to Look at Shale Gas, Mine Acquisitions as Gold DropsFrom Bloomberg Zijin Mining Group (2899), China's biggest gold miner by market value, is studying a move into shale gas and will target buying super mines after falling bullion prices and rising costs cut profit. Net profit fell 59 percent to 2.13 billion yuan (HK$2.66 billion) last year from 2012, the Shanghang, Fujian-based firm said. Zijin will spend about 8 billion yuan to buy large gold and c...2014/04/03