Zijin News – On October 21, Zijin Mining entered into an agreement with Anhui Jinsha Molybdenum Co., Ltd. to acquire an 84% interest in the company for RMB 5.91 billion, which will see Zijin control the world’s largest molybdenum-only deposit. The deal was secured through public tendering at the Anhui Assets and Equity Exchange. Located in Jinzhai County, Anhui, China, the Shapinggou Molybdenum Mi...

Zijin News - People have been fighting against poverty throughout the history of human civilization. Zijin has played a positive role in the fight.   As a fast-growing metals company, Zijin supports the global cause of poverty alleviation. It does so by lending a helping hand in education, employment, entrepreneurship, drinking water safety, clothing, food, housing, etc.   October 17, 2022 marks t...

Zijin News – On the evening of October 18, 2022, Zijin Mining (“Zijin” or “the Company”) announced that it will acquire IAMGOLD’s (“IMG”) (TSX: IMG)(NYSE: IAG) 95% interest in Rosebel Gold Mines for cash consideration of USD 360 million (approximately RMB 2.56 billion). The acquisition of this world-class gold mine will give another strong boost to Zijin’s gold business.   As one of the largest pr...

Zijin News – On the evening of October 12, 2022, Zijin Mining announced it will acquire a 30% equity interest in Shandong Ruiyin Mining Industry Development Co., Ltd. (“Shandong Ruiyin”) for RMB 3.9845 billion through an equity transfer agreement. It will become the second-largest shareholder of the largest gold-only deposit in China following the completion of the acquisition.   Situated to the n...

  Zijin News - On September 13, the National Consulting Center of Colombia released the latest Brújula Minera(Mining Compass) report, in which Zijin’s local affiliate Continental Gold was ranked 6th among the country’s top 10 Mining Companies with the Best Reputations in 2022. The rankings in the report were based on a poll that assessed public opinion toward mining companies in Colombia. The surv...

By Xu Xinyao Duobaoshan Copper Zijin News - Located in the Green Minerals Economic Park in Nenjiang, Heilongjiang province, Zijin Mining’s first molybdenum smelter, with a total investment of 280 million yuan, is under construction by its subsidiary Duobaoshan Copper. Expected to come on stream in October 2022, the smelter is designed to process 7,000 tonnes of molybdenum concentrate per annum and...