China Failed Mining Deals Top $45 Billion on Hanlong Bungle

China Failed Mining Deals Top $45 Billion on Hanlong Bungle

Equinox Minerals Ltd. via Bloomberg

An undated handout photograph shows, Equinox Minerals Ltd. copper plant in Lumwana, Zambia. Minmetals Resources Ltd., the Hong Kong unit of China’s biggest metals trader, abandoned its C$6.04 billion ($5.9 billion) offer for Equinox Minerals Ltd. in April 2011.