Serbia Zijin Copper
Ownership: 63%
Location | Bor, Serbia |
Ownership | 63% |
Project status | In operation + Under expansion |
Deposit Type | Porphyry Cu-Au+HS Epithermal |
Reserves & resources | Contained copper of 10.12Mt with grade of 0.40% and gold of 360t with grade of 0.14g/t |
Mining & Processing methods | Open-pit mining + underground mining + gravity Separation + flotation |
2020 production | 52,000 tonnes of mined copper, including 46, 900 tonnes of copper cathodes |
Serbia Zijin Copper has four copper mines - JM, VK, NC and MS, and a smelter. The mines are located in the Eurasian metallogenic belt, with good metallogenic prospects and great potential for further discoveries. The project, once loss-making, was quickly turned around by Zijin in 2018 after its take-over. Serbia Zijin Copper is accelerating the technical upgrading and expansion of its 4 mines and the smelter. After completion, the company will produce 120,000 tonnes of mined copper and 180,000 tonnes of copper cathodes.
