Media Center-Zijin Mining Group Co., Ltd.

Zijin to Gain Controlling Stake in Chinese Miner Zangge for RMB 13.7 Billion

On January 16, 2025, Zijin Mining announced it will acquire a 24.82% interest in Zangge Mining at RMB 35 per share, for a total of RMB 13.729 billion. The acquisition, to be made through its wholly-owned subsidiary, Zijin International Holdings, will bring Zijin’s total stake in Zangge to 25%. Combined with corporate governance arrangements, this will allow Zijin to secure control of Zangge and co...

2025/01/20

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Zijin Mining Donates RMB 30 Million for Earthquake Relief in Shigatse, Xizang

On January 8, Zijin Mining announced a donation of RMB 30 million (approximately US$ 4.1 million) to support earthquake relief efforts in Tingri County, Shigatse, Xizang. This includes RMB 10 million from Zijin Mining’s headquarters and an additional RMB 20 million from its three subsidiaries operating in Xizang—Julong Copper, Xianglong Copper, and Lakkor Resources. The funds will be used for emer...

2025/01/08

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Zijin Mining to Acquire Ultra-Large, Undeveloped Copper Mine in Tibet for Nearly 1.65 Billion RMB

On August 21, Zijin Mining announced it will acquire a 48.591% interest in Tibet Zhonghui Industrial for 1.646 billion RMB, which will give the company a relative controlling interest in the Zhunuo Copper Mine, an undeveloped, ultra-large copper mine in Tibet, China. According to the agreement signed for the acquisition, Zijin Mining will take leadership of the construction and operational phase f...

2023/09/05

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