紫金矿业

2022 Results
Investors
Investors
2022 Performance
Key ESG Indicators in 2022
  • 7.3
    29%
    Social Contributions(USD 1 bn)
    2.4 2019
    3.3 2020
    6.2 2021
    7.3 2022
  • 1.55
    13.4%
    GHG emissions intensity(tCO₂e/10k RMB of value added)
    1.85 2020
    1.79 2021
    1.55 2022
  • 0.29
    3.3%
    Lost-time injury rate per million hours worked(LTIR)
    0.89 2019
    0.33 2020
    0.3 2021
    0.29 2022
  • 96.29
    0.25 percentage points
    Local Employment Rate
    95.11 2019
    95.25 2020
    96.04 2021
    96.29 2022
  • 94.29
    2.27 percentage points
    Water Recycling Rate
    91.29 2019
    91.86 2020
    92.02 2021
    94.29 2022
  • 0.64
    5.9%
    Total recordable incident rate per million hours worked
    1.37 2019
    0.69 2020
    0.68 2021
    0.64 2022
Financial Performance
  • 38.8
    20%
    Revenue(USD 1 bn)
    15.4 2018
    19.5 2019
    26.3 2020
    35.3 2021
    38.8 2022
  • 6.3
    24%
    EBITDA(USD 1 bn)
    1.8 2018
    2.1 2019
    3.1 2020
    5.5 2021
    6.3 2022
  • 4.3
    21%
    Earnings(USD 1 bn)
    0.9 2018
    1.0 2019
    1.7 2020
    3.9 2021
    4.3 2022
  • 2.9
    28%
    Net Attributable Profit(USD 1 bn)
    0.6 2018
    0.6 2019
    1.0 2020
    2.5 2021
    2.9 2022
  • 43.9
    47%
    Total Assets(USD 1 bn)
    16.5 2018
    17.7 2019
    27.9 2020
    32.7 2021
    43.9 2022
  • 4.1
    10%
    Operating Cash Flow(USD 1 bn)
    1.5 2018
    1.5 2019
    2.2 2020
    4.1 2021
    4.1 2022
  • 0.8
    Dividend(USD 1 bn)
    0.3 2018
    0.3 2019
    0.5 2020
    0.8 2021
    0.8 2022
  • 25.29
    1.32 percentage points
    ROE
    0.76
    27%
    Earnings Per Share(RMB/share)
Dividend History
Major Mineral Production Guidance
  • 877
    49%
    Mined Copper(kt)
    453 2020
    584 2021
    877 2022
    950 2023E
    1170 2025E
  • 1.8
    19%
    Mined Gold(Moz)
    1.3 2020
    1.5 2021
    1.8 2022
    2.3 2023E
    2.9 2025E
  • 442
    2%
    Mined Zinc & Lead (kt)
    378 2020
    434 2021
    442 2022
    450 2023E
    480 2025E
  • 12.4
    25%
    Mined Silver(Moz)
    9.6 2020
    9.9 2021
    12.4 2022
    12.5 2023E
    14.5 2025E
  • 2022
    2023
    2025
    CAGR
  • Mined Copper(kt)
    887*
    950
    1170
    11%
  • Mined Gold (Moz)
    1.8
    2.3
    2.9
    17%
  • Mined Zinc & Lead (kt)
    442
    450
    480
    3%
  • Mined Silver(Moz)
    12.4
    12.5
    14.5
    5%
  • Lithium Carbonate (kt)
    -
    3
    120
    /
  • Mined Molybdenum(kt)
    4
    6
    16
    59%

Note: 1. Given the complex and volatile market environment, the figures are production guidance only and there are uncertainties involved. They do not constitute commitments to actual 

production volumes, and Zijin has the right to adjust the figures based on the changing circumstances. Investors are therefore advised to take note of the risks. 
2.*The table includes the copper production attributable to Zijin’s 13.59% interest in Ivanhoe Mines

Reserves And Resources
  • Copper(mt)
    Gold (Moz)
    Zinc & Lead (mt)
    LCE (mt)
    Silver (Moz)
    Molybdenum(mt)
  • Reserves
    32
    38
    5
    4
    60
    1.5
  • Resources
    74
    100
    11
    12
    470
    3
  • Reserves of Zijin/
    Total reserves in China
    92%
    40%
    11%
    43%
    —
    —
Annual Report
2022 Annual Report
Mining for a Better Society
More +
2022 Environment, Social and Governance Report
Mining for a Better Society
More +
Main Companies or Mines

Cu

Major copper mines or enterprises

 Name Ownership Resources

Consolidated-

Mined Copper (kt)

Attributable- 

Mined Copper (kt)
Contained Copper (kt) Grade (%)
Kamoa Copper1, the DR Congo (on equity basis) 44.98% 43,120 2.54  150.01 150.01
Kolwezi Copper Mine2, the DR Congo 72% 2405 3.91  128.23 92.33
Julong Copper, Tibet 50.10% 18896 0.33  114.98 57.60
Serbia Zijin Mining 100%

Upper zone:1454;

Lower zone: 18554

Upper zone: 2.63;

Lower zone: 0.76

 111.02 111.02
Duobaoshan Copper Industry, Heilongjiang 100% 2490 0.43  110.57 110.57
Serbia Zijin Copper3 63% 10786 0.45  92.98 58.58
Zijinshan Copper and Gold Mine, Fujian4 100% 1251 0.47  86.01 86.01
Ashele Copper Mine 51% 558 1.90  44.14 22.51
Bisha, Eritrea 55% 802 0.97  17.10 9.40
Hunchun Zijin, Jilin 100% 84 0.15  12.14 12.14
Other Sites

10.14 7.94
Total

877.32 718.12

Notes:
1.Including the interest held indirectly through Ivanhoe, the Company holds 13.59% equity interest in Ivanhoe.
2.Including 73,834 tonnes of SX-EW copper.
3.Including 24,665 tonnes of electrolytic copper.
4.Including 22,482 tonnes of SX-EW copper.




 Name Ownership Resources

Consolidated -

GoldProduced 

(koz)

Attributable - 

Gold Produced

(koz)
Contained Gold (koz) Grade（g/t）

Au

Major gold mines or enterprises

 Buriticá Gold Mine, Colombia 69.28% 10336 6.61 247 171
Zeravshan, Tajikistan 70% 3348 1.86 208 145
Longnan Zijin 84.22% 4670 2.07 178 150
Norton, Australia 100% 11754 0.90  177 177
Serbia Zijin Mining 100%

Upper zone:2441;

Lower Zone:12377

Upper zone:1.37;

Lower Zone:0.16

 152 152
Altynken, Kyrgyzstan 60% 1631 4.15 123 74
Guizhou Zijin 56% 6032 5.12 89 50
Aurora, Guyana 100% 6018 2.54 88 88
Luoyang Kunyu 70% 4670 2.07 87 61
Duobaoshan Copper Industry, Heilongjiang 100% 2090 0.12 84 84
Serbia Zijin Copper 63%

12225

0.16

 82 52
Hunchun Zijin, Jilin 100% 503 0.29 71 71
Shanxi Zijin 100% 3656 1.86 66 66
Other  sites 161 136
Total 1812 1476



Zn/Pb 

Major zinc/lead mines or enterprises

 Name Ownership Resources

Consolidated-

Mined zinc 

(kt)

Consolidated- Mined lead 

(kt)

Consolidated-

Mined Zinc&lead 

(kt)

Attributable-

Mined Zinc&lead 

(kt)

Contained 

Zinc&Lead (kt)

 Grade (%)
Zijin Zinc 100% 3088 3.75 140.76 20.23 160.99 160.99
Bisha, Eritrea 55% 5182 1.96 120.53 - 120.53 66.29
Longxing, Russia 70% 781 6.80  85.38 6.22 91.60 64.12
Urad Rear Banner Zijin 95% 1951 2.28 45.30 9.98 55.29 52.52
Ashele Copper Mine 51% 268 0.9 9.42 - 9.42 4.80
Other sites

0.93 3.23 3.40 3.90
Total 402.32 39.66 441.98 352.63
Results History