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Zijin Mining Group Co Ltd (2899.HK)

2899.HK on Hong Kong Stock

2.93HKD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Kenadyr Mining Enters LoI For Proposed Joint Venture With Unit Of Zijin Mining Group
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Kenadyr Mining Corp ::KENADYR MINING ENTERS LETTER OF INTENT FOR PROPOSED JOINT VENTURE WITH GOLD MOUNTAINS ASSET MANAGEMENT LIMITED, A 100% OWNED SUBSIDIARY OF ZIJIN MINING GROUP LTD..KENADYR MINING CORP - KENADYR WOULD GRANT TO GOLD MOUNTAINS AN EXCLUSIVE AND SOLE OPTION TO ACQUIRE UP TO A 50% INTEREST IN BORUBAI PROJECT.KENADYR MINING - GOLD MOUNTAINS TO HAVE RIGHT BUT NOT OBLIGATION TO FUND/DIRECTLY INCUR NOT LESS THAN $10 MILLION IN EXPLORATION EXPENDITURES ON PROJECT.  Full Article

Zijin Mining Says Unit Entered Copper Concentrates Supply Contract With Xinjiang Wuxin Copper
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::UNIT AS SELLER, ENTERED INTO COPPER CONCENTRATES SUPPLY CONTRACT WITH XINJIANG WUXIN COPPER.  Full Article

Zijin Mining To Invest $350 Mln For Stake In Serbia's Rudarsko-Topioničarski Basen RTB Bor Doo
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>2899.HK::SAYS IT PLANS TO INVEST $350 MILLION IN SERBIA'S RUDARSKO-TOPIONIČARSKI BASEN RTB BOR DOO FOR 63 PERCENT STAKE.  Full Article

Zijin Mining Group Updates On Progress Of Production Resumption Of Porgera Gold Mine Project
Friday, 8 Jun 2018 

June 8 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::UPDATES IN RELATION TO PROGRESS OF PRODUCTION RESUMPTION OF PORGERA GOLD MINE PROJECT IN PAPUA NEW GUINEA.ESTIMATED THAT IT WILL TAKE ANOTHER 6 TO 8 WEEKS FOR HIDES GAS POWER STATION TO REACH FULL CAPACITY.CONFIRMS SIGNIFICANT PROGRESS ACHIEVED IN RESTORATION AND REPAIR OF POWER GENERATION FACILITY OF PORGERA GOLD MINE PROJECT.HIDES GAS POWER STATION RESTARTED GENERATING POWER IN EARLY JUNE; NOW ABLE TO SUPPLY ELECTRICITY AT 50% OF PRE-EARTHQUAKE CAPACITY.  Full Article

NKWE Platinum Says No Formal Binding Offer Made By Zijin To Buy Remaining Shares In Co
Thursday, 7 Jun 2018 

June 7 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::NO FORMAL BINDING OFFER HAS BEEN MADE BY ZIJIN TO ACQUIRE REMAINING SHARES IN NKWE.  Full Article

Zijin Mining's 2017 Net Profit Up 90.66 Pct, To Issue Debt Financing Instruments
Friday, 23 Mar 2018 

March 23 (Reuters) - Zijin Mining Co Ltd <601899.SS>2899.HK::SAYS 2017 NET PROFIT UP 90.66 PERCENT Y/Y.SAYS IT PLANS TO ISSUE UP TO 12 BILLION YUAN ($1.90 billion) WORTH OF DEBT FINANCING INSTRUMENTS.  Full Article

NKWE Platinum ‍Receives Takeover Bid From Zijin Mining Group
Monday, 19 Mar 2018 

March 19 (Reuters) - Nkwe Platinum Ltd ::‍HAS RECEIVED FROM ZIJIN MINING GROUP INDICATIVE AND NON-BINDING PROPOSAL TO ACQUIRE 100% OF ISSUED SHARES IN CO​.‍ ZIJIN MINING TO ACQUIRE 100% STAKE IN CO WHICH IT DOES NOT ALREADY OWN FOR CASH CONSIDERATION OF A$0.080 PER SHARE​.  Full Article

Zijin Mining Comments On Impact Of Earthquake On Porgera Gold Mine
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>::PORGERA GOLD MINE APPEARS UNAFFECTED BY EARTHQUAKE, BUT MINE'S PRIMARY POWER GENERATING FACILITY IN HIDES HAS SUSTAINED DAMAGE.PORGERA GOLD MINE IS OPERATING ON BACK-UP POWER AND SOME PRODUCTION ACTIVITIES HAVE BEEN SUSPENDED TO CONSERVE POWER..NO EMPLOYEES OF PORGERA GOLD MINE WERE INJURED DURING EARTHQUAKE OR DURING SUBSEQUENT AFTERSHOCKS..  Full Article

Ivanhoe Says Recently Had "Constructive" Discussions on Review Of Democratic Republic Of Congo 2002 Mining Code​
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Ivanhoe Mines ::ANNOUNCES A 50% INCREASE IN INDICATED MINERAL RESOURCES, AT A 3% CUT-OFF GRADE, AT THE ULTRA-HIGH-GRADE KAKULA COPPER DISCOVERY IN D.R. CONGO.SAYS ‍NEW MINERAL RESOURCE ESTIMATE ESTABLISHES KAMOA-KAKULA PROJECT AS WORLD'S FOURTH-LARGEST COPPER DISCOVERY​.‍KAMOA-KAKULA PROJECT IS A JOINT VENTURE BETWEEN IVANHOE MINES, ZIJIN MINING AND GOVERNMENT OF DEMOCRATIC REPUBLIC OF CONGO​.SAYS CONSULTATION BETWEEN INDUSTRY PARTICIPANTS AND GOVERNMENT SET TO BEGIN TO REVIEW THE DEMOCRATIC REPUBLIC OF CONGO 2002 MINING CODE​.SAYS RECENTLY HAS HAD CONSTRUCTIVE DISCUSSIONS IN KINSHASA, CAPITAL OF DRC, REGARDING REVIEW OF DRC 2002 MINING CODE​.‍IN CONJUNCTION WITH OTHER INTERNATIONAL MINING COS OPERATING IN DRC, PROGRESS BEEN MADE TO UNDERSTAND ISSUES OF CONCERN TO GOVERNMENT & INDUSTRY PARTICIPANTS​.SAYS ‍HAS RECEIVED SPECIFIC ASSURANCE THAT A DETAILED CONSULTATION PROCESS WILL COMMENCE IN NEAR FUTURE TO REVIEW THE DEMOCRATIC REPUBLIC OF CONGO'S 2002 MINING CODE.  Full Article

Acacia Mining Says Exploring Sale Of Stake In Some Or All Of Its Tanzanian Operations
Friday, 16 Feb 2018 

Feb 16 (Reuters) - ACACIA MINING - :RESPONSE TO MEDIA SPECULATION​.COMMENCED A PROCESS TO EXPLORE VALUE TO COMPANY OF SALE OF A STAKE IN SOME OR ALL OF ITS TANZANIAN OPERATIONS​.‍CO IS ENGAGING WITH SMALL NUMBER OF POTENTIAL INVESTORS, AND THERE CAN BE NO CERTAINTY THAT AN AGREEMENT WILL BE REACHED​.‍COMPANY CONFIRMS THAT IT HAS NOT RECEIVED AN APPROACH FROM ANY THIRD PARTIES TO ACQUIRE SHARES IN COMPANY​.  Full Article

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Zijin Mining plans to sell $1.2 billion A-shares to fund Nevsun purchase

HONG KONG Chinese gold miner Zijin Mining Group Co Ltd said it plans to sell up to 8 billion yuan ($1.16 billion) worth of new shares in Shanghai to help fund its purchase of Canada's Nevsun Resources Ltd .