Established 1835
RESOURCE STOCKS
✕
PROFIT & LOSS

Zijin to raise US$1.2B to pay for Nevsun acquisition

Chinese miner succeeds in acquiring 89.37% of Nevsun shares, extends tender for 10 days

Henry Lazenby
Zijin says it plans to get the Timok Upper Zone into production as soon as possible

Zijin says it plans to get the Timok Upper Zone into production as soon as possible

Zijin announced last Friday it had accepted 89.37% of the total outstanding Nevsun shares tendered under the takeover offer and will pay $1.67 billion for the tendered shares. It will self-fund any outstanding...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

Macquarie Arc: Elephants hiding in plain sight

PARTNER CONTENT

BHP builds 'beautiful' Xplor community

MOST POPULAR
1
MINER'S RIGHT

Mineral Resources crisis deepens

2
ESG

Rio Tinto confirms Simandou fatality

3
MINERS

Paladin punished for bumpy Langer Heinrich restart

4
ENERGY MINERALS

Uranium market still has energy

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

LATEST ANNOUNCEMENTS ANNOUNCEMENTS

View more
PRECIOUS METALS

Newmont 3Q24 costs displease investors

Costs continue to be an issue

24 October 2024
Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login