Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, Apr. 16 (SMM) – China Molybdenum Co. entered into an agreement to transfer 70% equity interest in Luoyang Kunyu Mining Co. to Zijin Mining Group Co. for 700 million yuan ($113 million).
Kunyu Mining owns five mining rights of gold mine covering total area of 51 square kilometers in Luoning county, Henan province, and one exploration right of gold mine covering 5 square kilometers, China Molybdenum said in a filing to Shanghai Stock Exchange today.
Kunyu produced 1,440 kilograms of gold in 2013, it said.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn