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China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

Cecilia Jamasmie | January 02, 2019 | 3:25 am Base Metals Precious Metals Canada China Copper Gold 

China’s No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada’s Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public...

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