Čukaru Peki is an ultra-large copper-gold mine, comprising an Upper Zone and a Lower Zone. The operation also holds a controlling interest in the Malka Golaja Deposit (within the BM exploration license), with resources of 144 million tonnes of ore, containing 2.6064 million tonnes of copper and 89.37 tonnes of gold.

In addition to Čukaru Peki, Zijin Mining operates another world-class copper asset in Serbia, the Bor Copper Mine. Their combined output in 2025 was 296,000 tonnes of copper and 9.1 tonnes of gold, maintaining Zijin’s position as the second-largest copper producer in Europe. Their combined guidance for 2026 is 296,000 tonnes of copper and 8.1 tonnes of gold.

Further expansions are being advanced at Čukaru Peki and the Bor Copper Mine, targeting a total copper output of 450, 000 tonnes per annum. Once achieved, this is expected to position Zijin as the largest copper miner in Europe.

The Upper Zone team is working to increase processing throughput and optimize recovery, while advancing multi-level mining and improving maintenance arrangements.

Meanwhile, Phase 1 of the Lower Zone project is progressing steadily, with key works including shafts and conveyor declines well on track. The designs of the tailings dam and processing plant are being optimized to reduce capital expenditure, while construction of the power supply system and substations is also being advanced.

At the Malka Golaja Project, drilling is progressing as planned, while preliminary work, including securing electricity supply and permitting for shaft construction, is underway.

Zijin Mining secured a 100% interest in the Čukaru Peki Copper-Gold Mine through two transactions in 2018 and 2019.