Zijin Mining to acquire Guyana Goldfields for $238m.

Zijin Mining, a Chinese gold, copper and non-ferrous metals producer and refiner, agreed to acquire Guyana Goldfields, a gold mining company for $238m. "The all-cash offer from Zijin represents a significant premium to the amended Silvercorp offer price and is an excellent outcome for Guyana Goldfield's shareholders. Zijin is a highly regarded mining company with an impressive track record of successful international acquisitions and operations. We look forward to working with Zijin over the coming weeks to close this transaction and transition to the new team," Alan Pangbourne, Guyana Goldfields President and CEO.