Zijin Mining completed the acquisition of Continental Gold for $1bn.

Zijin Mining Group, a mining company specializing in gold, copper, zinc and other mineral resource exploration and development, completed the acquisition of Continental Gold, a large scale gold mining company in Colombia, for $1.4bn. The transaction is subject to shareholder approval and the receipt of certain regulatory, court and stock exchange approvals and other closing conditions customary in transactions of this nature. "We have been greatly impressed by Continental’s focus on safe, efficient and sustainable mining practices which closely align with Zijin’s approach to mining and development operations. We look forward to working closely with stakeholders and local communities in Colombia to deliver a world-class operation that will benefit the regional economy," Chen Jinghe, Zijin Chairman.