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ZIJMF News and Press, Zijin Mining Group Co Ltd From 11/09/20

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Company Name: Zijin Mining Group Co Ltd
Stock Symbol: ZIJMF
Market: OTC

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ZIJMF - Precious Metals Royalty And Streaming Companies: The October Report

The Precious Metals R&S Index declined by 3.87% in October. The Precious Metals R&S Equally Weighted Index declined by 6.86%. The best performance was recorded by Elemental Royalties; its share price grew by 4.76%. The biggest decline was experienced by Nomad Royalty; ...

ZIJMF - Barrick a 'long way off' deal with PNG in mine dispute, Bristow says

Barrick Gold ([[GOLD]] -0.7%) CEO Mark Bristow says the company is a "long way off" reaching agreement with Papua New Guinea about the disputed Porgera gold mine."We're a long way off," Bristow told the Financial Times Mining Summit. "We're very clear about our rights and the importance ...

ZIJMF - Ivanhoe Mines Confirms The Beast Is Being Born

Ivanhoe Mines (IVPAF) released three new economic studies for its 39.6%-owned world-class Kamoa-Kakula copper project (39.6% owns Zijin Mining (ZIJMF) (ZIJMY), 0.8% owns Crystal River Global Limited, and 20% owns the government of the Democratic Republic of Congo). The company presented a fe...

ZIJMF - SD Gold Increases Cardinal Bid: How The Offer Stacks Up Against Prior Buyouts

It's been a busy year for M&A thus far in the gold ( GLD ) sector, and we've finally seen a change of character with suitors fighting over the most undervalued assets. The first sign of this was a three-way battle for control of Guyana Goldfields ( GUYFF ) between Zijin Mining (...

ZIJMF - Barrick to appeal PNG court decision on mining rights

Barrick Gold (NYSE: GOLD ) says it will appeal a Papua New Guinea court's dismissal of its attempt to obtain a judicial review of the government's decision on the Porgera gold mine, prolonging a dispute that has halted production in the country. More news on: Barrick Gold Corporation, ...

ZIJMF - Guyana Goldfields shareholders OK Zijin Mining takeover

Guyana Goldfields ( OTCPK:GUYFF ) shareholders overwhelmingly vote to approve Zijin Mining's ( OTCPK:ZIJMF ) acquisition of all common shares it does not already own for C$1.85/share in cash. More news on: Guyana Goldfields Inc., Zijin Mining Group Company Limited, Zijin Mining Group...

ZIJMF - Gold Miners M&A Valuations - Q2 2020

It's been a busy year for M&A in the gold sector ( GDX ), as we've seen ten deals thus far this year, with the price paid per ounce ranging from as low as $21.10/oz to as high as $182.83/oz. While common sense would argue that the cash-flow positive gold producers would be commanding th...

ZIJMF - Guyana Goldfields - An M&A Opportunity

Introduction Guyana Goldfields ( OTCPK:GUYFF ) is being acquired by Zijin Mining Group ( OTCPK:ZIJMY or OTCPK:ZIJMF ) for CAD $1.85 per share in cash. The deal appears straightforward and is subject to two-thirds shareholder approval and approval by Chinese and Canadian authorities. ...

ZIJMF - Barrick to begin layoffs at PNG mine with no letup in lease dispute

Barrick Gold ( GOLD +0.7% ) says it will lay off most staff at its Porgera gold mine in Papua New Guinea, as the company's dispute with the government over ownership looks unlikely to be resolved soon. More news on: Barrick Gold Corporation, Zijin Mining Group Company Limited, Commodit...

ZIJMF - Zijin Mining to buy Guyana Goldfields for C$1.85/share

Zijin Mining ( OTCPK:ZIJMF ) agrees to acquire Guyana Goldfields ( OTCPK:GUYFF ) for C$1.85/share in cash, valuing Guyana Goldfields at C$323M. More news on: Zijin Mining Group Company Limited, Guyana Goldfields Inc., Commodities news, Merger & acquisition news, Read more ...

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