tiprankstipranks
Zijin Mining Expands with La Arena Acquisition
Company Announcements

Zijin Mining Expands with La Arena Acquisition

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

Don't Miss our Black Friday Offers:

Zijin Mining Group has secured approval for its acquisition of the La Arena Gold Mine and La Arena II copper-gold project in Peru from Pan American Silver Corp. for $245 million. The deal, which includes a contingent payment and future royalties, aims to expand Zijin’s mining footprint in South America. While the transaction awaits final procedural clearances, it promises to enhance Zijin’s portfolio with promising gold and copper assets.

For further insights into HK:2899 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskZijin Mining Adjusts Share Repurchase Plan
TipRanks HongKong Auto-Generated NewsdeskZijin Mining Advances Restricted A Share Unlocking
TipRanks HongKong Auto-Generated NewsdeskZijin Mining to Repurchase and Cancel Restricted Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App