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Stock impact report

China's Zijin Vows to Keep Investing in Canadian Mining Despite Crackdown [Yahoo! Finance]

Solaris Resources Inc. Common Shares (SLSR) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The Chinese gold and copper producer will “absolutely” continue to seek out investments in Canadian mining companies — especially junior exploration firms, Zijin vice president Shaoyang Shen said in a Tuesday interview at Denver Gold Group's annual conference in Colorado. “Canada has some of the best mineral exploration companies in the world,” he said. “As world leaders, I believe it's in our best interests to work together.” Canadian Prime Minister Justin Trudeau's government has sought to restrict mining deals involving foreign state-owned entities for nearly two years in efforts widely seen as targeting China's dominance in the global critical minerals supply chain. A series of rules and restrictions hasn't stopped junior mining firms based in Canada from seeking out Chinese capital to back expensive and risky projects passed over by Canadian investors. Zijin, one of China's most acquisitive metals groups, has repeatedly clashed with Canada's gove Show less Read more
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