US EditionZijin Mining Group Expands Into Precious Metals Streaming in Response to Rising Gold Prices
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Zijin Mining Group Expands Into Precious Metals Streaming in Response to Rising Gold Prices
China’s largest gold miner, Zijin Mining Group (OTC Pink:ZIJMF,HKEX:2899,SHA:601899), is moving into precious metals streaming — a model that offers miners upfront cash in exchange for a share of future production.Through its Hong Kong-based subsidiary, Gold Mountains Asset Management, Zijin is rolling out China’s first streaming fund from a mining company, with ambitions to invest between US$200 million and US$400 million this year alone. The f…
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