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China's Zijin Mining exec sees M&A opportunities in Australian copper, gold sector

(Reuters)
Updated: 2016-11-17 09:54
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    China's Zijin Mining sees more acquisition opportunities in gold and copper in Australia as the country's mining sector restructures after years in the doldrums, director Qixue George Fang said on Wednesday.

    "M&A is still going on, but how much...depends on the opportunity, it depends on the price and how much (companies) are willing to pay," the executive said, speaking on the sidelines of Metal Bulletin's Cesco copper conference in Shanghai.

    "In Australia, because the mining industry is restructuring, the opportunities will come," he said.

 

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