When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
NEM - Zijin Mining Keeps On Hunting Continental Gold Is The Latest Prey
Newmont Mining Corporation
Zijin Mining (ZIJMF) (ZIJMY) has been very aggressive in recent years. Back in 2015, it acquired Barrick Gold's (GOLD) Porgera Mine in Papua New Guinea for $298 million, a 47% stake of Ivanhoe Mines' (IVPAF) Kamoa-Kakula Project for $412 million, and also 100% of an Australian gold miner named Phoenix Gold. In 2018, it acquired Nkwe Platinum and its South African PGM project as well as the historic Bor mining complex in Serbia and, in early 2019, also Nevsun Resources (NSU) and its world-class Timok copper-gold project,