[lbo-talk] China's Zijin Mining invests abroad as gold shines

uvj at vsnl.com uvj at vsnl.com
Sat Aug 16 15:55:29 PDT 2008


UPDATE 2-China's Zijin Mining invests abroad as gold shines http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSHKG10772920080729?sp=true

Tue Jul 29, 2008

(Adds details, background)

By Polly Yam

HONG KONG, July 29 (Reuters) - Zijin Mining (2899.HK: Quote, Profile, Research, Stock Buzz), China's top listed gold producer, plans to invest 1billion yuan ($146 million) in a gold mining project in Tajikistan and awaits approval for another in the Philippines, as it expands abroad to ride sky-high prices. http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSHKG10772920080729?sp=true



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