The Xiongcun Copper and Gold Mine holds the mining licenses of the Xiongcun Copper Mine and Lazhe Copper Mine. It has a designed capacity of 12 Mtpa and its annual output is 50,000 tonnes of copper, 4.6 tonnes of gold, and 38 tonnes of silver. It was considered a key project of “productivity and industrial planning” under China’s 12th Five-Year Plan.
Xiongcun Copper-Gold Mine is managed by Tibet Tianyuan Mining Exploration Co., Ltd., a company founded in 2004. Jinchuan Group Co., Ltd. holds a 55% interest in the company, while Zijin Mining has a 45% interest and operates the mine.
Xiongcun Copper-Gold Mine has begun building its ESG system during the construction preparation phase. Following the principle of “strict management throughout the whole process”, the project maintains legal and compliant operations and improves its safety and environmental protection management systems. It has also been exploring a win-win model with local communities to achieve development for all.