Zijin Mining Group Co (HK:2899) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Zijin Mining Group Co. has solidified its presence in the gold mining sector by acquiring 100% of Newmont’s Akyem Gold Mine in Ghana for USD 1 billion. The strategic move, ratified by Zijin’s board, promises to expand the company’s asset portfolio, although it is contingent on certain conditions. Investors are encouraged to consider the associated risks, as the transaction’s finalization is still pending.
For further insights into HK:2899 stock, check out TipRanks’ Stock Analysis page.
