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Zijin Mining Group (02899.HK): The delivery of the La Arena gold mine and Phase II project in Peru has been completed.
Gelonghui December 3rd | Zijin Mining Group (02899.HK) announced that the company has acquired 100% equity interest in Pan American SilverCorp.'s ("Pan American Silver") La Arena Gold Mine and Phase II project in Peru through its overseas wholly-owned subsidiary Jinchuang (Singapore) Mining Co., Ltd. (hereinafter referred to as "Jinchuang Mining"). As the delivery conditions stipulated in the equity acquisition agreement have all been met or waived, the acquisition was completed on December 3, 2024, peking time. The company has now communicated through Jinchuang Mining
Gold: Sizable Liquidations Over the Coming Week Are Possible – TDS
Europe is about to have major events today, keep a close eye on this support for gold in the short term! Powell arrives hand in hand with the small non-farm payrolls.
On Wednesday (December 4th), international gold prices rose slightly, supported by safe-haven demand, while the market awaited usa employment data and Federal Reserve Chairman Jerome Powell's speech for clues regarding the usa rate cut path.
Be cautious as Powell's "sudden hawkish turn" triggers a new round of gold selloff! Short sellers target this well-known institutions' gold trading analysis.
On Wednesday (December 4th) in the Asian market's late trading, spot gold maintained a slight rebound, hovering around $2647 per ounce.
Express News | Zijin Mining Group established a gold smelting company in Gansu with a registered capital of 0.2 billion yuan
Gold trading alert: 'Non-Farm Payrolls' and Powell may trigger the market! FXStreet Chief Analyst's analysis of the technical prospects of gold.
#Gold Technical Analysis# On Wednesday (December 4th), during the Asian session, spot gold basically stabilized, with the current price around $2644 per ounce.
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