Ross Beaty-backed Lumina Gold agrees to $581-million acquisition by China’s CMOC

China's CMOC Agrees to Buy Canada's Lumina Gold for $420 Million

(Bloomberg) — CMOC Group, a leading Chinese cobalt and copper miner, agreed to buy Canada’s Lumina Gold Corp. for about C$581 million ($420 million) to tap the largest primary gold deposit in Ecuador.

China’s CMOC Agrees to Buy Canada’s Lumina Gold for $420 Million

CMOC Group, a leading Chinese cobalt and copper miner, agreed to buy Canada’s Lumina Gold Corp. for about C$581 million ($420 million) to tap the largest primary gold deposit in Ecuador.

Ross Beaty-backed Lumina Gold agrees to $581-million acquisition by China’s CMOC

CMOC Singapore Pte. Ltd. is offering to pay $1.27 a share in cash to Lumina shareholders, which is a 41-per-cent premium to the stock’s closing price on April 18

Updated 21:40 Redacción Teleamazonas.com, EFE The Canadian miner Lumina Gold, dealer of the gold project Crabs in Ecuador, announced this Monday that it has reached an agreement to be acquired by the Chinese group CMOC in an estimated operation of around 420... The Canadian Minera Lumina entrance agrees to transfer to Chinese company the gold project Crabs in Ecuador was first published in Teleamazonas.

China Molybdenum to Acquire Large South American Gold Mine for $421 Mln - YT FINANCE

China’s major mining company China Molybdenum Co., Ltd. (603993.SH) is planning to acquire a large gold mine in South America from a Canadian-listed company.

CMOC to acquire Lumina Gold in $420M Deal - USA Herald

In a high-stakes bid to dig deeper into the heart of Latin America’s gold-rich terrain, CMOC to acquire Lumina Gold in a CA$581 million ($420 million USD) all-cash deal, Lumina Gold Corp. confirmed Monday. The strategic acquisition marks a bold expansion for China’s CMOC Group Ltd. as it sharpens its focus on large-scale mining opportunities in the region. The purchase, made through CMOC Singapore Pte. Ltd., a Singapore-based subsidiary, will gi…