Bin59
Regular
“Huayou you cunts are looking good you also stay nice and peaceful for having so many shares ”
Maybe there’s a strategy between Jin Cheng (Zijin) and Huayou as Zijin acquired shares from Huayou in another project in the past (2016) - perhaps they will do that again as it’s been mentioned here previously that they shouldn’t compete against each other
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On August 26, 2016, Jin Cheng Mining Limited, a wholly-owned subsidiary of Zijin Mining Group Co., Ltd., acquired a 21% equity and other related interest in La Compagnie Minière de Musonoie Global SAS, from Zhejiang Huayou Cobalt Co., Ltd. for approximately US$34,000,000. La Compagnie Minière de Musonoie Global SAS is a Democratic Republic of Congo based copper mining development company. Following the transaction, Jin Cheng Mining Limited owns 72% of this company. Fasken represented Jin Cheng Mining and Zijin Mining in this transaction with a team that included Michael Boehm, Lei Huang, Daye Kaba, Dan Su and Félix-Olivier Hébert.
Maybe there’s a strategy between Jin Cheng (Zijin) and Huayou as Zijin acquired shares from Huayou in another project in the past (2016) - perhaps they will do that again as it’s been mentioned here previously that they shouldn’t compete against each other
CLIENT WORK
Zijin Mining acquires a further 21% interest in La Compagnie Miniere de Musonoie Global SAS from Zhejiang Huayou Cobalt for approximately US$34 million
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Overview
CLIENTConfidential Client
CLOSED AUGUST 2016On August 26, 2016, Jin Cheng Mining Limited, a wholly-owned subsidiary of Zijin Mining Group Co., Ltd., acquired a 21% equity and other related interest in La Compagnie Minière de Musonoie Global SAS, from Zhejiang Huayou Cobalt Co., Ltd. for approximately US$34,000,000. La Compagnie Minière de Musonoie Global SAS is a Democratic Republic of Congo based copper mining development company. Following the transaction, Jin Cheng Mining Limited owns 72% of this company. Fasken represented Jin Cheng Mining and Zijin Mining in this transaction with a team that included Michael Boehm, Lei Huang, Daye Kaba, Dan Su and Félix-Olivier Hébert.