Jan 11, 2019
Chinese giant Zijin Mining buys rest of Nevsun Resources
Chinese giant Zijin Mining buys rest of Nevsun Resources
Chinese exploration giant Zijin Mining (Shanghai:601899) (Hong Kong:2899) on Friday announced that it would buy all issued and outstanding shares of Nevsun Resources (NSU) in what both companies term as a “compulsory acquisition.”
As per the terms of the deal, all remaining Nevsun shareholders would receive consideration of 6 Canadian dollars (CAD) per share.
Zijin is among China’s largest gold…
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