Zijin Mining to Acquire the Sawaya’erdun Gold Mine in Xinjiang
· Zijin Mining offers to pay RMB 499 million to acquire the Sawaya’erdun gold mine in Wuqia County, Kezilesu Autonomous Prefecture, Xinjiang. · With 119.5 tonnes of gold resources, Sawaya’erdun is an ultra-large, undeveloped gold deposit rarely seen in China. · Sawaya’erdun’s throughput is designed at 8,000 tonnes per day and it is expected to produce 2.76 tonnes of gold per annum after reaching i...