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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
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“Big Money” Entering Resources, Precious Metals: Rick Rule“Big Money” Entering Resources, Precious Metals: Rick Rule By Sprott Group January 14 2014, 9:29am “Big Money” Entering Resources, Precious Metals: Rick Rule Rick Rule, Chairman of Sprott Global Resource Investments Ltd., says some of the ‘big money’ that was circling the resource sector has finally found a home. Rick Rule recently commented on a couple of new investment mandates that he believes ...2014/01/15
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Norton News: The Expat Experience in Kalorlie, AustraliaFrom Issue 2, Norton News In the mid 19th century, New York Tribune editor Horace Greeley popularized the phrase, " West, young man" - encouraging people to seek out new frontiers and new experiences. If Greeley were around today, he might well urge men and women to " abroad"- to make the most of a global economy no longer defined by geographic boundaries. So, what's it like to move across the wor...2013/11/05
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Reuters: Australian Miners Facing Bust Look to China's ZijinFrom Reuters.com ld miner Dianmin Chen - running Australia's Norton ld Ltd for China's biggest ld producer Zijin Mining Group says there's still money to be made in mining. While other companies are bracing for tough times by laying off workers and closing mines, Chen has been given a mandate to nearly double ld production and is keeping an eye out for potential acquisitions. "We see this lower ma...2013/08/06
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ld Mining Journal: Zijin Heads for the Eastern ldfields in WAFrom ld Mining Journal Two Chinese groups that have already taken up positions in WA's Eastern ldfields -- Shandong ld and Zijin Mining. Shandong owns 49 per cent of the cashed-up Kalorlie ld producer Focus Minerals, while Zijin now controls the operator of the Paddington ld project near Kalorlie, Norton ld Fields. Zijin believes its mining expertise and technical strengths will benefit production...2013/07/24
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Mining Weekly: Nkwe, Zijin Mining Join Forces to Develop Garatau ProjectFrom Mining Weekly.com South Africa-focused platinum developer Nkwe Platinum has signed an agreement with China’s Zijin Mining to jointly develop the flagship Garatau project. The ASX- and JSE-listed Nkwe said on Monday that, under the terms of the agreement, Zijin, through a wholly owned subsidiary, would invest some A$20-million in Nkwe through a placement of three-year convertible bonds. Subjec...2013/05/02