China’s Zijin buys Freeport’s copper-gold assets in Serbia for up to $390 million

Adverse weather conditions and the need to shift more earth than previously anticipated have also added $13 million to overall costs.

In recent months the mine has been pumped out and now the company is working on fixing existing power lines and bringing equipment to the site.

The world's largest potash miner is said to be mulling a merger with Uralchem, one of its main shareholders.

The probe focused on a 2010 deal through which the company gave a 9% of its South Deep mine to a group of black investors in order to meet government’s regulations aimed to boost black ownership.

The Chinese firm already mines gold next door to a Phoenix deposit.

Four gold-in-soil samples in the anomaly were above 20ppb gold and a further five above 10ppb gold.

Showing over 1,250 attempted transactions, this list includes both successful and failed attempts in order to visualize the ebb and flow of Chinese investments up until mid-2014.

Based on the continued failure of the negotiating parties to make any substantive progress in the talks over Greek debt payments, the financial world is tied up in knots over a possible Greek exit from the European Union.

It also plans to review the legal status of the joint venture, while it negotiates with Ivanhoe to raise its stake to 20% from the current 5% it holds.