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Lingbao Gold to acquire remaining New Simberi assets for $410 million

China's Lingbao Gold plans to acquire the remaining New Simberi mining assets for $410 million.

By DoomRadar · Published on DoomRadar .

Why it matters

The transaction could reshape ownership of a strategically relevant gold operation and affect investment flows in Papua New Guinea.

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  1. Китайская Lingbao Gold выкупит оставшиеся активы New Simberi за $410 млн ↗akm.ru · Recorded source date: Sep 11, 2026, 10:17 PM UTC

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