Zijin Mining Expands with Key Peruvian Acquisition

Zijin Mining Group Co (HK:2899) has released an update.

Zijin Mining Group has successfully completed the acquisition of the La Arena Gold Mine and La Arena II copper-gold project in Peru, marking a significant expansion in its mining portfolio. The company now fully owns these assets, which include a producing gold mine and a promising development project expected to yield substantial copper and gold output annually. This strategic acquisition positions Zijin Mining for increased economic benefits and exploration opportunities in a rich metallogenic belt.

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