Zijin Mining placement

Investors snap up $187 million Zijin Mining placement

Zijin Mining's $187 million placement is priced at a 5.1% discount and comes after a 25% rally in the share price since mid-June.

An undisclosed institutional investor in gold and copper miner Zijin Mining Group sold its entire stake through a block trade on Tuesday evening, showing that the market remains open — at least for quick, non-marketed transactions.

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