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Zijin Mining: Earnings Reach RMB 18.4 billion in First Three Quarters, Up 149% YOYZijin News - On 15 October, Zijin Mining released its Q3 financial report. In the first three quarters of 2021: l Revenue reached RMB 169 billion, up 30% YOY and coming close to the group’s total revenue last year; l Earnings totaled RMB 18.4 billion, up 149% YOY; l Net profit attributable to shareholders of the parent company stood at RMB 11.3 billion, up 147% YOY, a record high; and l Operat...2021/10/16
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Kamoa-Kakula’s Phase 2 expansion will begin operation in Q2 2022Zijin News - Kamoa-Kakula’s Phase 2 concentrator plant is expected to begin operations in Q2 2022 to double production to over 400Ktpa, which is several months ahead of schedule, as compared to current guidance of Q3 2022. All eight rougher flotation cells and three of six cleaner flotation cells now installed in the Phase 2 concentrator plant. The project team have been working hard to complete t...2021/10/12
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Zijin Mining to Acquire World-class High-grade Lithium Brine Project in RMB 5bn DealZijin News - On October 10, Zijin Mining announced that it will acquire all of the outstanding shares of Canada-based Neo Lithium Corp for C$960 million (RMB 4.94 billion), at a price of C$6.5 per share in cash. Situated in the “Lithium Triangle” in northwestern Argentina, the Tres Quebradas Salar lithium project, also known as the 3Q project, is the primary asset of Neo Lithium. In terms of resou...2021/10/10
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Zijin Mining as Member of the World Gold Council Committed to TCFD Reporting StandardsZijin News - The World Gold Council announced on 10th Sept that its members, as “33 of the world’s most forward-thinking gold miners” , have committed to reporting their positions and progress on climate-related risks in line with the recommendations of Task force for Climate-related Financial Disclosures (TCFD). The G20 Financial Stability Board established TCFD which is supported by more than 23...2021/09/17
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Nkwe Platinum Provide Training Programme to Empower WomenZijin News - August is traditionally “women’s month” in South Africa. The theme this year is Realising Women’s Economic Rights. Nkwe Platinum is in partnership with Sany Southern Africa to provide the training programme which was part of an initiative to honour women in women’s month. During the programme, six women from mining communities got to learn about the basic components and structure of ...2021/09/09
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Chairman Chen Jinghe Meets with Tajikistan’s Industry Minister via Video LinkZijin News - On September 3, 2021, Chen Jinghe, Chairman of Zijin Mining, met via video link with Mr. Sherali Kabir, Minister of Industry and New Technology of Tajikistan and representative of JV Zeravshan LLC’s Tajik shareholders. They discussed Zijin’s investments and operations in Tajikistan and future cooperation. Chen Jinghe briefed Minister Kabir on the development of Zijin’s businesses and ...2021/09/06