News
News
news
The Company held a conference on A-Share non – public placement
2015/06/18 4855

On June 12, the Company held a conference on its A-Share non – public placement in Xiamen. More than 20 Institutional investors and analysts attended the conference, including China-Africa Development Fund, China International Capital Corporation, Morgan Stanley, Citi Gruop, Industrial Securities, Essence Securities, Bank of China, Agricultural Bank of China, China Construction Bank, China Everbright Bank, China Industrial Bank and Minsheng Banking Corporation.

During the conference, Chairman Chen Jinghe gave a speech titled “Implement overseas M&A, dedicated in sustainable development”, to introduce the fundamentals of the Company and elaborate on the four investment projects of this non – public placement- Kolwezi copper project and Kamoa copper project in the Democratic Republic of Con, Porgera ld project in Papua New Guinea and the new copper processing plant in Zijinshan Copper Mine. Mr. Chen also shared the feasibility analysis on the four projects, expecting this non – publicplacement to increase the overall strength of the Company.

In the Q&A session, Chairman Chen Jinghe answered questions by the present institutional investors and analysts. The questions were focused on The Kamoa project, the present status and future potential of the cooperation between Zijin and Ivanhoe Mining Corp. Other concerns included the fundamentals of the Company and the mining industry, e-commerce platforms, production life span and cost of Porgera ld project, future cost trend of Norton ld fields, development progress of Tuva project, and power supply for the Kolwezi project, etc.

The conference enabled institutional investors to fully understand the investment projects of this non – public placement, including the operating status, future profit assessment and risk control measures on those projects. It created a great opportunity for the Company and institutional investors to communicate and build mutual trust, stimulating the market confidence to participate in the placement, as well as showing the strong fundamentals and future outlook of the Company, facilitating the smooth development of this A-Share placement.