Zijin Mining Targets $1.5 Billion through Convertible Bonds Amid Rising Gold Prices
Zijin Mining Group Co. has raised $1.5 billion from the sale of bonds that can be converted into stock as the price of gold hits record highs. The Chinese miner offered convertible bonds due 2031 at zero coupon, according to a stock-exchange filing on Friday. Zijin Mining plans to use proceeds to fund capital expenditure […]