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Zijin on global shopping spree to boost lithium

With the rapid worldwide development of new energy vehicles, demand for lithium has been soaring. Chinese companies, like their global peers, have been scrambling to accumulate bigger reserves of core raw minerals in recent years in order to lower the high cost of NEVs. ....

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Zijin Mining makes another push to expand bank group


By Pan Yue
08.30 AM
China’s state-owned Zijin Mining Co is once again attempting to boost its relationships with international banks with a new $500m loan in syndication.
Crédit Agricole and Standard Chartered are the mandated lead arrangers and bookrunners for the deal, which carries a tenor of three years with bullet repayment. The loan has a margin of 125bp over Libor. A banker close to the situation said that all-in prices are similar to
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Mining gold-edged goodwill abroad


Mining gold-edged goodwill abroad
By ZHENG XIN |
China Daily |
Updated: 2021-04-12 09:19
A worker pours a mixture of concentrate into the residue of molten gold at Norton Gold Fields Ltd s Paddington operations in Australia. Norton Gold Fields is controlled by Zijin Mining, one of China s biggest gold and copper producers. [Photo/Agencies]
Zijin s quest for metal resources creates big value for several sellers overseas
Zijin Mining Co, one of China s biggest gold and copper producers, said it would further expand mining resources abroad, with several of its large mining projects scheduled to begin operations this year.
The company s Cukaru Peki Upper Zone mine in Serbia, part of its recently acquired Timok coppergold project, is expected to come on stream by the end of the first half of this year, according to Serbia Zijin Mining Doo Bor, the Serbian unit of the company. ....

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