BRIEF: Copper miner Jinshun Resources jumps in Hong Kong trading debut
Shares of cathode copper producer Yunnan Jinshun Resources Co. Ltd. (3636.HK) opened 26.7% higher in their Hong Kong trading debut on Friday, and held on to most of the gains…
BRIEF: SolGold agrees to be acquired after Jiangxi Copper raises its bid price
The board of gold and copper miner SolGold Plc (SOLG.L) agreed to recommend an offer to sell the company to Jiangxi Copper Co. Ltd. (0358.HK; 600362.SH), reversing its earlier position, after the…
BRIEF: Jiangxi Copper offers to buy out SolGold for $905 million
Mining company Jiangxi Copper Co. Ltd. (0358.HK; 600362.SH) said on Sunday it has proposed to acquire the remaining 88% stake it doesn’t already own in copper and gold miner SolGold…
BRIEF: Zijin’s Kamoa copper mine halts production after seismic events
Zijin Mining Group Co. Ltd. (2899.HK; 601899.SH) announced last Friday its Kamoa-Kakula copper mine, located in the Democratic Republic of Congo (DRC), has suspended underground operations in its Kakula section…
BRIEF: Xinxu Copper gets China’s approval for Nasdaq IPO
China’s securities regulator on Tuesday approved the planned Nasdaq IPO by Xinxu Copper Industry Technology Ltd., according to a statement on the China Securities Regulatory Commission’s (CSRC) website saying the…
BRIEF: Zijin profit surges 51% in 2024
Metals miner Zijin Mining Group Co. Ltd. (2899.HK) said on Tuesday that it earned a profit of about 32 billion yuan ($4.4 billion) last year, up 51.5% year-on-year. Its net…
Zijin Mining’s prospects glitter on acquisitions, rising gold and copper prices
China’s leading gold and copper miner has also gotten a lift from low interest rates and could benefit from growing demand for electricity with the rise of EVs and AI…