Zijin terminates talks to buy Kazakhstan gold firm

HONG KONG, July 10 (Reuters) - Zijin Mining (2899.HK) (601899.SS), China's largest listed gold company, on Friday said it has terminated share acquisition talks with a Kazakhstan gold company.

Zijing Mining gave no reason for the termination.

Company chairman Chen Jinghe said in the statement that Zijin was in active pursuit of resources overseas and had made initial investigations into various overseas projects, although no agreements had been signed.

For statement please click here

Mainland media on Thursday reported that Zijin was in talks to buy a gold company in Kazakhstan. (US$1=HK$7.75) (Reporting by Donny Kwok; Editing by Chris Lewis)