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Zijin spends big on PNG, DRC

Chinese company buying into Barrick Gold, Ivanhoe Mines projects

Mining Journal

Zijin said it would buy 50% of the Barrick Gold vehicle, Barrick (Niugini), that owns 95% of the Porgera gold mine in Papua New Guinea for US$298 million, as part of a "strategic partnership". Separately...

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