Zijin Mining plans to sell $1.2bn A-shares to fund Nevsun purchase

Chinese gold miner Zijin Mining Group Co Ltd said it plans to sell up to 8-billion yuan ($1.16-billion) worth of new shares in Shanghai to help fund its purchase of Canada’s Nevsun Resources Ltd .

Zijin aims to sell up to 3.4-billion A shares to investors in China, in a plan whic