UPDATE 1-China's Zijin Mining to buy Canada's Continental Gold for about $1 bln
December 02, 2019 at 07:51 AM EST
Zijin Mining Group Co Ltd , one of China's biggest gold miners, has agreed to buy Canadian miner Continental Gold Inc for C$1.33 billion ($999.92 million), saying the purchase would increase its gold reserves and boost cash flow as well as profit.