Zijin Mining to acquire Continental Gold for $1.4B in cash
In the latest megadeal sweeping the gold sector, Zijin Mining Group is buying Continental Gold (TSX: CNL; US-OTC: CGOOF) for $1.4 billion in cash. The Chinese gold miner is on…
Zijin Mining Group
Ivanhoe discovers new copper deposit in DRC
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has discovered a third major copper deposit called Makoko in the Democratic Republic of Congo on its 100%-owned Western Foreland copper property, west of…
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global Gold Index fell 2.9% to…
Nevsun agrees to $1.86B Zijin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly…
Kakula discovery a potential ‘game changer’ for Kamoa
VANCOUVER — The latest drilling by Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) at the Kakula target — 5 km southeast of its large Kamoa copper deposit, being codeveloped with Chinese…