Zijin Mining offers to acquire 30% stake in Shandong Ruiyin, to become No.2 shareholder of China's largest gold-only mine
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...