Sou Hu Cai Jing·2026-01-27 09:45Core Viewpoint - Zijin Mining Group announced a cash acquisition of all issued common shares of United Gold at a price of CAD 44 per share, totaling approximately CAD 5.5 billion, equivalent to around RMB 28 billion, which has restored its market capitalization to over RMB 1 trillion [1]. Company Overview - Zijin Mining Group Co., Ltd. was established in September 2000, with a registered capital of approximately RMB 2.63 billion. The company is involved in mineral resource exploration, gold mining, and smelting [1]. - The major shareholders include Minxi Xinghang State-owned Assets Investment and Operation Co., Ltd., Hong Kong Central Clearing Limited, and China Securities Finance Corporation [1][2]. Recent Developments - Since 2025, Zijin Mining has established several new companies, including Zijin (Hainan) International Mining Operation Management Co., Ltd. and Chizhou Zhuozhuang Mining Co., Ltd. [1]. - The company has made investments in 80 enterprises, with over 60 currently in operation [1][4].