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Zijin Mining Continued to Release Its Overseas Production Capacity in the First Half of 2019

Zijin News On Aug. 29th, Zijin Mining released the half year report for 2019. In the first half of the year, the company achieved operating income of RMB 67.198 billion, net profit of RMB 1.853 billion;,19.10 tons of mined gold production, an increase of 13.18%171,100 tons of mined copper, an increase of 43.33%, 186,700 tons of mined zinc, an increase of 25.92%. The production capacity of overseas projects continued to be released. The overseas mined gold was 11.21 tons, accounting for 58.66% of the Group's total, up 37.04% year-on-year; mined copper was 65,900 tons, accounting for 38.55% of the Group's total, up 156.42% year-on-year; mined zinc was 96,700 tons, accounting for 51.77% of the Group's total, up 73.92% year-on-year.

The internationalization process of the company is processing steadily, and the integration of new overseas M&A projects has been carried out efficiently.BORcopper minein Serbia turned losses into profit after the successful transition, the construction of the TimokCu&Aumine was carried out in order.Important progress has been made in the construction of the Kamoa-Kakulacopper mine in DRC,in the north a new high grade massive copper sulfide deposit was discovered. The hydrometallurgical system of the Kolwezi Cu&Co mine was put into operation, and copper and cobalt resources continued to increase. The production of the Porgera gold mine in BNL has resumed and improved, the mining system of the TuwaLongxing zinc polymetallic mine is integrated, the Altynken gold mine in Kyrgyzstan, and the Zeravshangold mine in Tajikistan have both made outstanding achievements in technical renovation.