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Zijin Mining’s stake in Mongolia’s Kharmagtai Copper-Gold Project to rise to 45.9%Three-dimensional mineral prospectivity model of Kharmagtai Zijin News - On December 20, Zijin Mining Group Co., Ltd. (“Zijin”) and Xanadu Mines Ltd. (“Xanadu”) signed Phases 2 and 3 investment agreements for the acquisition of the Kharmagtai copper-gold project (“Kharmagtai”) in Mongolia. Zijin will hold a 45.9% interest in the Kharmagtai copper-gold project following the deal, making it the larg...2022/12/23
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Zijin's 3Q Lithium Project commences brine evaporation one month ahead of scheduleBrine was injected into the small pre-concentration pond Group photo of construction workers Zijin News – On November 26, the construction of the small pre-concentration pond of Zijin Mining’s 3Q Lithium Project in Argentina was completed. Brine was injected into the pond, initiating brine evaporation one month earlier than scheduled. The small pre-concentration pond covers an area of 740,000 squa...2022/12/02
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Lakkor Tso Produces Battery-Grade Lithium Hydroxide During Pilot-Scale TestingLakkor Tso Produces Battery-Grade Lithium Hydroxide During Pilot-Scale Testing Zijin News – On November 10, the Lakkor Tso lithium project produced its first battery-grade lithium hydroxide monohydrate (LHM) during pilot-scale testing. The project team successfully engineered and executed a process flow, paving the way for further verifying the feasibility of the lithium extraction process. Lakkor...2022/11/18
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Kamoa Copper produces 33,000 tonnes of mined copper in OctoberInstallation of the scavenger-cleaner flotation cell at the Phase 2 concentrator is nearing completion. Zijin News – The Kamoa-Kakula Mining Complex, one of Zijin Mining’s flagship projects in the DRC, produced around 33,000 tonnes of copper in concentrate in October. For the second month in a row, Kamoa-Kakula is producing at an annualized rate in excess of 400,000 tonnes of copper. At the end o...2022/11/18
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Zijin Mining to Become No.2 Shareholder of Major Chinese Gold Miner Zhaojin MiningZhaojin Mining’s global operations Zijin News - On November 6, Zijin Mining announced that it will acquire 654,078,741 unrestricted H shares of Zhaojin Mining Industry Co., Ltd. Upon completion of the transaction, Zijin Mining will hold a 20% interest in Zhaojin Mining and become its second-largest shareholder. The deal marks the establishment of a partnership between the two leading Chinese gold ...2022/11/09
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Zijin Mining: net attributable profit in first three quarters tops RMB 16.6 bn, up 47% YoYZijin News - On October 21, the Board of Directors of Zijin Mining deliberated and approved the company’s Q3 2022 report. In the first three quarters, the company recorded RMB 204.2 billion in revenue, RMB 24.9 billion in profit before tax and RMB 21.95 billion in operating cash flow. Its net attributable profit reached RMB 16.7 billion, a year-on-year increase of 47.5%. Since the start of 2022,...2022/10/26