Zijin Buys Kazakhstan Gold Mine Ahead of Overseas Unit’s Hong Kong IPO
Summary by South China Morning Post
10 Articles
10 Articles
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Zijin Solidifies Acquisition of Kazakh Gold Mine for $1.2B
Zijin Mining Group has announced a deal to acquire the Raygorodok Gold Mine in Kazakhstan for US$1.2B. This deal will deliver the rights of RG Gold LLP and RG Processing LLP, the Kazakhstan-based mining companies that currently own Raygorodok to Zijin’s subsidiary groups, Zijin Gold International and Jinha Mining. Zijin Mining gave a statement on the acquisition, noting, “If the transaction of acquisition of the Raygorodok gold mine can be compl…
Coverage Details
Total News Sources10
Leaning Left1Leaning Right2Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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