Jiangxi Copper Corporation officially announces the effectiveness of the tender offer to acquire all shares of SolGold
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JIANGXI COPPER announced that its wholly-owned subsidiary has officially made a tender offer to acquire all shares of the London-listed copper-gold mining company SolGold plc. The target company is located in Ecuador, with its core asset being the Alpala deposit of the Cascabel project, which has completed a preliminary feasibility study. The resource estimates include 12.2 million tons of copper, 30.5 million ounces of gold, and 102.3 million ounces of silver. This transaction is expected to significantly enhance JIANGXI COPPER's resource reserves and security capabilities, supporting its overseas strategy and sustainable development
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