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Zijin Mining Group has announced its intention to bolster the internationalization of its gold operations by consolidating its overseas gold mine assets into Zijin Gold International, with the aim of seeking a spin-off listing on the main board of the Hong Kong Stock Exchange. This strategic move is designed to reevaluate the worth of the gold assets, aligning with the company's broader interests without diminishing Zijin Mining Group's oversight of its overseas gold holdings. Zijin Gold International will remain a subsidiary of Zijin Mining Group. The overseas gold mine assets in question span South America, Central Asia, Africa, and Oceania. Currently, the spin-off listing process is in its initial preparatory phase and necessitates the approval of relevant authorities prior to execution.
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