Funds to further Congo, PNG mines

ZIJIN Mining is hoping to raise 9 billion yuan to fund the purchase of the Kolwezi copper mine Congo and the Porgera gold mine in Papua New Guinea, as well as a new mine in China.

Platts reported that this was to be done through a private shares placement on the Shanghai Stock Exchange, which the company had notified of a plan to allot a maximum of 2.

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