China’s Zijin Mining to Expand Global Assets, Says New Chairman

Zijin Mining Group Co. will step up its acquisitions globally, targeting particularly gold and copper, the company’s newly appointed chairman said.

China’s largest mining company will watch for opportunities among high-impact, very large mines or mid-tier companies, Chairman Zou Laichang said in a statement on company website, after being appointed to the role on Dec. 31. Zijin will also boost investment in homegrown projects.