Zijin to accelerate overseas deals

IT has been a busy year on the acquisition path for Zijin Mining Group, the world’s biggest gold producer by market value, and it intends to push ahead with further deals outside China to improve its portfolio quality. This year Zijin has unveiled intended acquisitions of foreign assets in Papua New Guinea, Democratic Republic of Congo and Australia following increasing its stake in a Canadian property late last year.

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Rare earths offtake MoU with Jien

NORTHERN Minerals has signed a Memorandum of Understanding (MoU) with Jien Mining in relation to offtake from Browns Range Rare Earths Project on the border of Western Australia and the Northern Territory. The project will focus on delivery of dysprosium and Northern aims to be the first significant world producer of this element outside of China.

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Angkor in geophysics partnership

ANGKOR Gold Corporation has entered into a strategic partnership with Beijing Explo-Tech Engineering Co (BETEC) of China to further Angkor’s geophysical survey programs in Cambodia. BETEC’s work has been instrumental as Angkor moves its Halo and CW prospects to a level of international interest.

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Bakubung - a Chinese-African investment success

DURING the past year Wesizwe Platinum’s flagship Bakubung Platinum Mine project, which is being developed in the northern section of the western limb of northwest South Africa’s Bushveld Complex, has proven itself to be a successful example of Chinese/South African partnership in action in the country. Wesizwe Platinum’s strategic partners are the Chinese mining group Jinchuan and CADFund – the China/Africa Development Fund.

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