Zijin Mining to Boost Stake in Ivanhoe Mines for C$194 Million | INN
Zijin Mining (OTC Pink:ZIJMF,HKEX:2899) has announced plans to increase its stake in Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) to 13.88 percent in a C$194 million private transaction with CITIC Metal Africa and Ivanhoe Mines founder Robert Friedland. “This rebalancing share purchase and sale agreement once again proves the high level of trust and strategic cooperation between Ivanhoe Mines, CITIC Metal and Zijin