zijin-mining-bids-for-australias-indophil-resources

Zijin Mining bids for Australia's Indophil Resources

China's largest gold producer Zijin Mining offers $497 million to buy 100% of Australia-listed Indophil Resources and gain control of 37.5% of a gold and copper mine in the Philippines.

Sameera Anand

December 02, 2009

China's Zijin Mining Group has made a bid to take over Australia-listed miner Indophil Resources for A$545 million ($497 million).

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