{"id":3170,"date":"2025-09-08T08:11:42","date_gmt":"2025-09-08T12:11:42","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=3170"},"modified":"2025-11-26T18:00:03","modified_gmt":"2025-11-26T23:00:03","slug":"zijin-gold-to-launch-largest-gold-ipo-in-history-on-hong-kong-exchange-this-month","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/zijin-gold-to-launch-largest-gold-ipo-in-history-on-hong-kong-exchange-this-month\/","title":{"rendered":"Zijin Gold to Launch Largest Gold IPO in History on Hong Kong Exchange"},"content":{"rendered":"\n

China’s largest<\/span> mining company<\/strong>, Zijin Mining (HK: 2899)<\/strong>, is spinning off<\/strong><\/span> its Zijin Gold International<\/strong> division later this month. The deal is expected to raise over USD$3 billion<\/strong><\/span> on the Hong Kong Stock Exchange<\/strong>, making it the largest<\/span> IPO<\/strong> in Hong Kong<\/strong> since Kuaishou’s US$6.2 billion debut<\/span><\/strong> in 2021. Over the last 20 years, Zijin Mining<\/strong> has gained by 6,890.89%<\/strong><\/span> or 104.17x <\/strong><\/span>more<\/strong><\/span> than the Hang Seng Index <\/strong>and 16.12x <\/strong><\/span>more<\/strong><\/span> than the S&P 500<\/strong>.<\/span><\/span><\/p>\n\n\n\n

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Even Wheaton Precious Metals (WPM)<\/strong>, which was NIA's <\/strong>first<\/span> ever silver stock<\/span> suggestion<\/span><\/strong> and has been the #1 largest gaining<\/span> U.S. listed large-cap mining related stock<\/strong> since NIA's 2009 suggestion (click here<\/strong><\/a> to see NIA's top 70 largest gaining<\/span> stock, option, and crypto suggestions<\/strong> in history), has only gained by 2,285.35%<\/strong><\/span> over the last 20 years.<\/span><\/span><\/p>\n\n

For U.S. investors, Apple (AAPL)<\/strong> and Nvidia (NVDA)<\/strong> are the classic ‘if only I had bought it 20 years ago’<\/strong> stocks. For Chinese investors, Zijin Mining (HK: 2899)<\/strong> is the same kind of story, a once-in-a-generation<\/span> compounder<\/strong> that made early<\/span> holders<\/strong> extremely wealthy<\/strong><\/span>.<\/span><\/span><\/p>\n\n

Zijin Mining’s spin-off<\/span><\/strong> and IPO<\/strong> of Zijin Gold International<\/strong> this month is more<\/strong><\/span> than a gold play<\/strong><\/span>… it’s a sophisticated<\/span> financial strategy<\/strong> to boost<\/strong><\/span> the parent’s copper<\/span> acquisition<\/span> firepower<\/strong>. Zijin<\/strong> is only offering<\/span> 15%<\/strong> of Zijin Gold International<\/strong> in its IPO<\/strong> thereby keeping<\/span> ~85% ownership<\/strong>. This ensures Zijin Mining<\/strong> will continue to consolidate<\/span> results<\/strong> from Zijin Gold International<\/strong> into the parent<\/span> Zijin Mining's balance sheet<\/strong> while tapping<\/span> Hong Kong’s premium<\/span> gold valuations<\/span><\/strong> of 20–25x earnings<\/strong><\/span>, which is not only higher<\/strong><\/span> than what the average<\/span> U.S. listed gold miner<\/span><\/strong> trades for, but far exceeds<\/strong><\/span> the lower<\/span> multiples<\/strong> of diversified<\/span> mining companies<\/strong> listed in Hong Kong<\/strong> and\/or Shanghai<\/strong>.<\/span><\/span><\/p>\n\n

Zijin Mining<\/strong> as of June 30th had a cash position<\/strong> of USD$5 billion<\/strong><\/span>. Following Zijin Gold International's IPO<\/strong> this month, Zijin Mining<\/strong> will see its cash position grow<\/span><\/strong> to USD$8 billion <\/strong><\/span>thereby strengthening<\/strong><\/span> its balance sheet <\/strong>and enhancing<\/span> borrowing capacity<\/strong> while improving<\/strong><\/span> its credit profile<\/strong> with Moody’s<\/strong> and S&P<\/strong>.<\/span><\/span><\/p>\n\n

We already know that Zijin Mining<\/strong> has shown interest in acquiring<\/span> Solaris Resources (TSX: SLS)<\/strong>, owner<\/strong><\/span> of Lowell Mineral Exploration S.A.<\/strong>, which was founded<\/strong><\/span> around the Ecuador projects<\/strong> originated<\/span><\/strong> by the late geologist J. David Lowell<\/strong> including its flagship<\/span> Warintza copper project<\/span><\/strong>. By Zijin Gold International raising<\/span> USD$3 billion<\/span><\/strong> in its IPO<\/strong> later this month, Zijin Mining<\/strong> will gain<\/span> greater<\/span> financial flexibility<\/strong> to be used for the acquisition<\/strong><\/span> of major<\/span> new<\/span> copper projects<\/span><\/strong>.<\/span><\/span><\/p>\n\n

Highlander Silver (TSX: HSLV)'s Chairman<\/strong> and 33.1% owner<\/span> Richard Warke<\/strong> is also the largest<\/span> shareholder<\/strong> of SLS<\/strong> so if we see Zijin Mining acquire<\/span> SLS<\/strong> before year-end, HSLV<\/strong> is likely to finish 2025 trading<\/strong><\/span> deep<\/strong><\/span> into double digit <\/strong>territory.<\/span><\/span><\/p>\n\n

We all saw how much our Highlander Silver (TSX: HSLV)<\/strong> and Titan Mining (TSX: TI)<\/strong> increased<\/span><\/strong> in value immediately after our Augusta Gold (TSX: G)<\/strong> got acquired<\/strong><\/span>. Click here<\/strong><\/a> to see the video NIA's President<\/strong> made after AngloGold Ashanti (AU) acquired<\/span> <\/strong>our Augusta Gold (TSX: G)<\/strong> at a huge premium<\/strong><\/span>. Solaris Resources (TSX: SLS)<\/strong> has a market cap<\/strong> of $1.185 billion<\/strong><\/span> or 8.20x higher<\/strong><\/span> than Augusta Gold<\/strong>.<\/span><\/span><\/p>\n\n

NIA's Minaurum Gold (TSXV: MGG)<\/strong> is sort of like a low<\/span> market cap Mexican gold<\/span>\/silver<\/span> version<\/strong> of SLS<\/strong> because it controls<\/span> Mexican gold<\/span>\/silver<\/span> projects<\/strong> that J. David Lowell<\/strong> believed had huge <\/span>potential<\/span><\/strong> including his favorite<\/span> Mexican project<\/strong>, <\/strong>Santa Marta<\/strong>. MGG's Alamos Silver Project<\/span><\/strong> is fully permitted<\/strong><\/span> for production<\/strong><\/span> with a 29-year local community agreement<\/strong> signed<\/strong><\/span> in December, 4 rigs<\/strong> currently spinning<\/strong><\/span>, and its maiden resource estimate<\/strong> coming soon!<\/span><\/span><\/p>\n\n

Regardless of what happens to SLS<\/strong>, Zijin Gold International<\/strong> is going to have USD$3 billion<\/strong><\/span> in cash<\/strong> to spend acquiring new<\/span> international<\/span> gold projects<\/span><\/strong>. If Zijin Gold spends<\/span><\/strong> only a fraction<\/strong><\/span> of this USD$3 billion<\/strong><\/span> on the acquisition<\/strong><\/span> of TSX Venture listed gold<\/span>\/silver<\/span> exploration & development companies<\/strong>, it will help<\/strong><\/span> to rapidly reinflate<\/strong><\/span> the valuations<\/strong> of the highest quality<\/span> gold<\/span>\/silver<\/span> exploration companies<\/strong> to levels that are 500-1,000% above<\/strong><\/span> their current share prices!<\/span><\/span><\/p>\n\n

Remember, gold<\/span>\/silver<\/span><\/strong> isn't<\/strong><\/span> a critical mineral<\/strong> in Canada<\/strong> (they are only critical minerals<\/strong> in the U.S.<\/strong>), so Zijin Gold<\/strong> will be allowed<\/strong><\/span> to acquire<\/strong><\/span> Canadian based<\/strong> gold<\/span>\/silver<\/span> exploration & development companies<\/strong>. SLS<\/strong> had to leave<\/span> Canada<\/strong> and move overseas<\/strong><\/span> because it is a copper<\/span> exploration company<\/strong> and Canada wouldn't<\/span> allow<\/span> Zijin<\/strong> to acquire<\/strong><\/span> even a 15% stake <\/strong>since copper<\/strong><\/span> is a critical mineral<\/strong>.<\/span><\/span><\/p>\n\n\n\n

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. NIA has received compensation from MGG of US$30,000 cash for a three-month marketing contract and previously received US$30,000 cash for a three-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

China’s largest mining company, Zijin Mining (HK: 2899), is spinning off its Zijin Gold International division later this month. The deal is expected to raise over USD$3 billion on the Hong Kong Stock Exchange, making it the largest IPO in Hong Kong since Kuaishou’s US$6.2 billion debut in 2021. Over the last 20 years, Zijin […]<\/p>\n","protected":false},"author":1,"featured_media":3173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[107,42,48,12,9,16,49,84,78,17,32,8,13,52,24],"class_list":["post-3170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-aapl","tag-au","tag-copper","tag-g","tag-gold","tag-hslv","tag-lead","tag-mgg","tag-nvda","tag-silver","tag-sls","tag-technology","tag-ti","tag-wpm","tag-zinc"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=3170"}],"version-history":[{"count":5,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3170\/revisions"}],"predecessor-version":[{"id":5281,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/3170\/revisions\/5281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/3173"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=3170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=3170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=3170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}