Zijin Mining Group Co., a prominent Chinese copper and gold producer, has taken a significant step in its diversification strategy by acquiring a 24.8% stake in Zangge Mining Co. for 13.7 billion yuan ...

Zangge, which had already invested in the Julong copper mine in Tibet with Zijin, is based in the mineral-rich western region of Qinghai and had a market value of 46.6-billion yuan ($6.4 billion ...

It would also allow it to consolidate Zijin’s ownership of the Julong copper project in Tibet, a joint venture with Zangge. The company secured government approval last year to boost the Julong ...

The deal would allow Zijin to consolidate its ownership over the Julong copper project in Tibet, its joint venture with Zangge. It also underlines Zijin's attempts to cash in on growing demand for ...

The potential acquisition of Zannage would allow Zijin to consolidate its ownership over the Julong copper project in Tibet, which it runs through a joint venture with the target miner.

The potential deal would allow Zijin to consolidate its ownership over the Julong copper project in Tibet, its joint venture with Zangge. Last year, Zijin had won government approval to expand the ...