From Mining Weekly.com South Africa-focused platinum developer Nkwe Platinum has signed an agreement with China’s Zijin Mining to jointly develop the flagship Garatau project. The ASX- and JSE-listed Nkwe said on Monday that, under the terms of the agreement, Zijin, through a wholly owned subsidiary, would invest some A$20-million in Nkwe through a placement of three-year convertible bonds. Subjec...

From ChinaScope Financial Zijin Mining Group Co., Ltd. (02899: HKG; 601899: SHA) announced that on April 17, 2013, its Australia-based subsidiary Norton ld Fields Ltd. (Norton) had signed transaction agreements with Kalorlie Mining Co., Ltd. (KMC), an Australian mining company, to acquire all the total issued shares of KMC via a friendly off-market takeover offer. Every share of KMC will be swappe...

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