Deal #256

Lao PDR
Created at
2013-02-15
Last update
2022-08-17
Last full update
2022-08-17

Operating Company

Operating company
Comment on investment chain
In 2018, "MMG CEO Jerry Jiao said the company was pleased to transfer its 90% stake in the mine" to Shanghai-listed Chifeng Jilong Gold Mining Co. and expressed the potential of the mine to be gold-focused in the years to come. Chifeng Jilong bought a 90% stake in the mine’s operator, Lane Xang Minerals, from MMG in 2018 for $275 million. Source: Mining.Com
Network of parent companies and tertiary investors/lenders
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