China Zijin says to buy gold and copper project for $227 mln

   Date:2011/11/10

Nov 8 (Reuters) - Chinese gold and copper miner Zijin Mining Group Co Ltd said on Tuesday that it would acquire 45 percent of Gold Eagle Mining Investment Ltd for 1.44 billion yuan ($226.7 million).

Gold Eagle owns a 100 percent interest in Tibet Tian Yuan Minerals Exploration Limited, the owner of the Tibet Xietongmen gold and copper project.

For full statement, please click here ($1 = 6.351 yuan) (Reporting by Twinnie Siu; Editing by Jonathan Hopfner)

Source:reuters.com

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