Zijin Mining Group (SHA:601899, HKG:2899) completed the transfer of Australian subsidiary Bullabulling Gold to ASX-listed Minerals 260 (ASX:MI6).
The AU$166.5 million deal includes AU$156.5 million in cash and AU$10 million in shares, according to a Monday filing with the Shanghai bourse.
Zijin Mining Group shares were down 10% in recent trade on the Shanghai bourse.