Nevsun to be acquired by Zijin Mining for US$1.41 billion

Nevsun Resources and Zijin Mining Group have entered into a definitive agreement pursuant to which Zijin will make a take-over bid to acquire all of the issued and outstanding shares of Nevsun for C$6.00 per share in cash. The Offer is valued at C$1.86 billion (US$1.41 billion).

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BHP looks to strengthen its ties with China

Major miner, BHP, has analysed the impact of China’s Belt and Road Initiative (BRI), a network of overseas construction projects, on commodity demand.

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Barrick announces agreement with Shandong Gold

Barrick Gold is stipulating that in the next 10 to 15 years, China has the potential of becoming the largest economy in the world. If it does, it will be the first time in 150 years that a country other than the United States holds the coveted position.

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