US EditionEthiopia: Allied Gold Sells Kurmuk Project to China's Zijin
5 Articles
5 Articles
Canada Sells a Gold Mine to CCP Slavers
China’s biggest mining company, Zijin Mining Group, is acquiring Canadian miner Allied Gold in an all-cash deal valued at about C$5.5 billion (US$4 billion), the first major cross-border transaction after Beijing and Ottawa recently reset ties after years of diplomatic strain. The Chinese Communist Party, aka the military, indirectly owns Zijin. They Are Slavers Zijin […] The post Canada Sells a Gold Mine to CCP Slavers appeared first on www.ind…
China's mining giant Zijin Mining hit a big blow in Africa with the acquisition of several gold mines in Mali, Côte d'Ivoire and Ethiopia. An operation of nearly 28 billion yuan that illustrates China's strategy of securing resources in a context of record gold prices and geopolitical uncertainties.
The Chinese mining company agreed to the acquisition of Canadian Allied Gold in cash, in an operation that adds up assets in Africa and consolidates its position among the world’s largest gold producers. Zijin Gold agreed to the purchase of Canadian Allied Gold in a friendly cash transaction valued at approximately US$4 billion, in an operation that deepens its international expansion and expands its presence in the global gold market. China’s l…
China’s Zijin buys Canada’s Allied Gold for US$4BN
China’s largest gold mining company Zijin Mining is acquiring Canadian miner Allied Gold in an all-cash deal valued at about C$5.5 billion (US$4 billion), reports the South China Morning Post. This is the first major cross-border transaction after Beijing and Ottawa recently reset ties after years of diplomatic strain. Zijin Gold International, a Hong Kong-listed subsidiary of […]
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