Jiangxi Copper Co Ltd (JIX.DU)
- Reuters
Exclusive-First Quantum execs discuss investment, disputed copper with Chinese officials
LONDON/TORONTO (Reuters) -Executives from Canadian miner First Quantum Minerals met with Chinese government officials last week to discuss funding and business options involving top investor Jiangxi Copper Co, three sources with knowledge of the matter said. The talks in Jiangxi province included topics such as the potential for state-run Jiangxi Copper, China's leading producer, to gain influence on First Quantum's board decisions, two of the sources said. Also discussed was the future of First Quantum's Zambian assets and the prospect of Jiangxi buying its disputed copper concentrates inventory from Panama, they said.
- Reuters
Chinese money still chasing Canadian critical mining deals despite Ottawa's scrutiny
A year after Canada tightened foreign investment rules for the critical minerals sector, Chinese money has continued to pour into Toronto-listed miners, according to proprietary research conducted by the University of Alberta. The inbound flow is raising hopes among some junior miners that it will be easier to find Chinese funding. Canada had forced three Chinese investors to sell their stakes in Canadian critical mineral companies in 2022.
- Financial Post
First Quantum gets financial boost from Chinese company after Panama production pause
Receiving a US$500-million prepayment from a Chinese shareholder
