Not much to report atm. Google Translated this article only minutes old and it repeats some detail read before.. one part.... "However, noteworthy is that Zijin Mining had frequent overseas acquisitions did not bring enough of its profitability. Norton Gold Fields in subsidiaries, for example, the first half of 2013 the company achieved operating income of 126.579 million Australian dollars, down 0.3%; net profit of 773,000 Australian dollars, down 75.5 percent.
Similarly, financial assets available for sale items are displayed, Zijin Mining holdings of overseas listed companies Glencore, Aquarius Platinum is not optimistic. Glencore, Aquarius Platinum initial investment costs were $ 551 million, 161 million yuan, the end of the book value of 224 million, 3.7043 million yuan of income statement as -657.31 million. -1520.54 Million.
Statistics show that during the reporting period has been announced it would pay $ 20 million to subscribe NKWE issued convertible bonds, according to the agreement are advancing; Sprott and the Americas with the modern resources investment management company signed a joint venture agreement to establish joint venture offshore Mining Fund, are proceeding ; the Company's subsidiaries acquired Norton Gold Fields and KMC implementation agreement signed by OTC offer to acquire convertible comprehensive manner KMC, is expected to be completed in September.
August 14, Zijin Mining shares at 2.53 yuan, down 1.56%."
