** Shares of Zangge Mining 000408.SZ jump 10% to 32.45 yuan, their highest since April 15, 2024
** China's Zijin Mining 601899.SS said on Thursday its unit plans to buy a 24.8% stake in Zangge Mining for 13.7 bln yuan ($1.87 bln) and gain controlling rights in the firm
** The deal would allow Zijin to consolidate its ownership over the Julong copper project in Tibet, its joint venture with Zangge
** Hong Kong-listed stock of Zijin Mining 2899.HK jumps 1.6% to HK$15.08 and Shanghai shares add 1.5% to 16.41 yuan
** Hong Kong's material index .HSCIM rises 1.1%, while Hang Seng Index .HSI inches 0.1% lower
** In China, the blue-chip CSI 300 Index .CSI300 gains 0.01% while Shanghai Composite Index .SSEC edges 0.1% lower
($1 = 7.3264 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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