Chifeng Jilong Gold Mining Mergers & Acquisitions

Chifeng Jilong Gold Mining M&A Summary

Chifeng Jilong Gold Mining has acquired 1 company, including 1 in the last 5 years.

Chifeng Jilong Gold Mining’s largest acquisition to date was in 2021, when it acquired Golden Star Resources for $470M. The Company’s most targeted sectors include metals/mining (100%).

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Chifeng Jilong Gold Mining

Chifeng Jilong Gold Mining Co., Ltd.

No.7 Xiaojingjia, Wanfeng Road. Fengtai,
Beijing, 100161
China,
+86 10 5323 2323
www.cfgold.com

All (1) Buy (1) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2021-11-01 Golden Star · Metals/Mining
Toronto, Ontario · www.gsr.com

Golden Star is an established gold mining company with producing assets and development projects in Ghana.Golden Star holds a 90% interest in both the Bogoso and Wassa open-pit gold mines, situated on the prolific Ashanti Gold Belt in western Ghana. The Company is strategically focused on growing its operating margin through shifting production to new lower cost ore ounces. Golden Star Resources was founded in 1992 and is based in Toronto, Canada.

Revenue (mlns) 272 USD
EBITDA (mlns) 104 USD
Advisors: Canaccord Genuity , Davis Graham & Stubbs , Fasken Martineau DuMoulin
470
4.5x EBITDA
1.7x REVENUE
Add-on Acquisition

Chifeng Jilong Gold Mining
Advisors: Goodmans , Stifel

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