Zijin Mining Group (OTCPK: ZIJMF), China's largest gold and copper producer, has announced a definitive agreement to acquire Kazakhstan's Raygorodok Gold Mine for $1.2 billion.
The deal, signed on June 29, will see Zijin acquire 100% of RG Gold LLP and RG Processing LLP, Kazakhstan-based entities that own and operate the mine, through its subsidiaries, Zijin Gold International and Jinha Mining.
