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Zijin Mining takes controlling stake in Chifeng Gold

Mar 23, 2026

Acquiring Company

Zijin Mining

Acquired Company

Chifeng Jilong Gold Mining

Longyan CityChinaMiningPrecious MetalsMineralMining TechnologyMiningPrecious MetalsMineralMining Technology

Description

Zijin Mining has acquired a controlling stake in Chifeng Gold, totaling 25.85 percent ownership. The acquisition involved purchasing existing shares and subscribing to newly issued shares. The transaction was executed through a subsidiary and involved significant financial investment, amounting to 18.26 billion yuan.

Quick answer

Zijin Mining is acquiring Chifeng Jilong Gold Mining, announced March 23, 2026. Zijin Mining is based in Longyan City, Fujian, China.

How much did Zijin Mining pay for Chifeng Jilong Gold Mining?
The deal value was not disclosed.
What does Zijin Mining do?
Zijin Mining is a multinational metal mining company primarily involved in the exploration and production of gold and copper.
Where are Zijin Mining and Chifeng Jilong Gold Mining based?
Zijin Mining is based in Longyan City, Fujian, China. Chifeng Jilong Gold Mining is based in China.
Who are the decision-makers at Zijin Mining?
Fundz holds 2 contacts at Zijin Mining. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Zijin Mining

Location

Longyan City, Fujian, China

About

Zijin Mining is a multinational metal mining company primarily involved in the exploration and production of gold and copper. It has transformed from a small mining company into one of the top mining enterprises globally. The company is known for its strategic expansion through mergers and acquisitions. With nearly 4,000 tons of gold resources, it plays a significant role in the global copper industry.

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Frequently asked

Who acquired Chifeng Jilong Gold Mining?

Chifeng Jilong Gold Mining was acquired by Zijin Mining, based in Longyan City. The deal was reported on March 23, 2026. Zijin Mining is a multinational metal mining company primarily involved in the exploration and production of gold and copper. Zijin Mining is privately held and operates in Mining.

When did Zijin Mining acquire Chifeng Jilong Gold Mining?

Zijin Mining's acquisition of Chifeng Jilong Gold Mining was reported on March 23, 2026. Zijin Mining has acquired a controlling stake in Chifeng Gold, totaling 25.85 percent ownership. The acquisition involved purchasing existing shares and subscribing to newly issued shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chifeng Jilong Gold Mining do?

Chifeng Jilong Gold Mining is a leading gold mining company in China. It operates within significant gold-rich regions and is engaged in various mining and resource extraction activities. It is privately held, operating in Mining, and is based in China.

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