Chifeng pays a premium for Tietto stake

SHANGHAI-listed Chifeng Jilong Gold has agreed to pay a premium while pumping almost A$50 million into Tietto Minerals to help ensure the Abujar development in Cote d’Ivoire delivers its first gold later this year, and to allow assessment of growth options.

Chifeng pays a premium for Tietto stake Chifeng pays a premium for Tietto stake Chifeng pays a premium for Tietto stake Chifeng pays a premium for Tietto stake Chifeng pays a premium for Tietto stake

Abujar is rapidly taking shape

Chifeng is already producing the yellow metal in its home county, Laos, and in Ghana, and is headed up by former Shandong Gold chair and Zijin Mining boss Jianhua Wang.

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