Zijin Mining Group (601899.SH) is currently discussing the potential acquisition of shares in Zangge Mining.

08:28 10/01/2025

Zijin Mining (601899.SH) released an announcement, stating that the company is currently in discussions with the largest shareholder of Tibet Tian Gang Mining, Tibet Tian Gang Entrepreneurial Investment...

Zijin Mining Group (601899.SH) has announced that the company is currently in discussions with Zangge Mining's largest shareholder, Tibet Zangge Entrepreneurship Investment Group Limited, its concerted action person, and the second largest shareholder Ningbo Meishan Bonded Port New Sand Hongyun Investment Management Co., Ltd., regarding a potential acquisition. The potential acquisition may involve a change in control of Zangge Mining. Approval from the company's board of directors and the formal signing of the acquisition agreement are still required for this acquisition to proceed.

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