The Haiyu Gold Mine is home to China’s largest gold deposit and its first offshore gold project. It is located within the Sanshandao–Cangshang Fault Metallogenic Zone of the Jiaodong Peninsula — a world-renowned gold-rich area and the most important gold production base in China. The orebody is thick and extensive and remains open at depth, indicating significant potential for resource expansion.
The project is designed with a mining and processing capacity of 12,000 tonnes per day. It is scheduled to commence production in June 2026 and reach nameplate capacity by the end of 2027, by which the mine is projected to produce 15 to 20 tonnes of gold per annum. This is expected to position it as China’s largest gold mine.
Zijin Mining acquired a 30% interest in the Haiyu Gold Mine in October 2022 and a 20% interest in Zhaojin Mining the following month. The company holds a total indirect interest of 42.93% in the Haiyu Gold Mine.