Bor Copper Complex
Bor Copper Complex
Bor Copper Mines

The Bor copper mine is a world-class copper complex. The project was originally run by a century-old company with over 5,000 employees and had suffered losses for years. Following its acquisition by Zijin Mining, the project was turned around within six months and has become one of the largest and most profitable companies in Serbia.

In addition to the Bor copper mine, Zijin Mining operates another world-class copper asset in Serbia, the Čukaru Peki copper-gold Mine. Their combined output in 2024 was 292,900 tonnes of copper and 8 tonnes of gold, maintaining Zijin’s position as the second-largest copper miner in Europe. Their combined guidance for 2025 is 290,000 tonnes of copper and 7 tonnes of gold.

Further expansions are being advanced at the Lower Zone of Čukaru Peki and the Bor Copper Mine, targeting a total copper output of 450, 000 tonnes per annum. Once achieved, this is expected to position Zijin as the largest copper producer in Europe.

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Bor Copper Complex
  • Location
    Bor, Serbia
  • Ownership
    63%
  • Status
    In production + Undergoing expansion
  • Deposit type
    High-sulfidation epithermal +Porphyry
  • Resources(inclusive of reserves)
    Contained copper:112.668Mt, Grade: 0.46%
    Contained gold: 388t, Grade: 0.14g/t
  • Mining & processing methods
    Open-pit mining + underground mining + flotation
  • 2025 production
    Copper: 123.3kt, Gold: 3.94t, Silver: 24.1t (100% basis)
  • Project Overview

    The Bor Copper Mine is a world-class copper asset. It was originally a century-old company with over 5,000 employees and had suffered losses for years. Following its acquisition by Zijin Mining, it was turned around within six months and has become one of the largest and most profitable companies in Serbia.


    In addition to the Bor Copper Mine, Zijin Mining operates another world-class copper asset in Serbia, the Čukaru Peki Copper-Gold Mine. Their combined output in 2025 was 296,000 tonnes of copper and 9.1 tonnes of gold, maintaining Zijin’s position as the second-largest copper miner in Europe. Their combined guidance for 2025 is 296,000 tonnes of copper and 8.1 tonnes of gold.


    Further expansions are being advanced at Čukaru Peki and the Bor Copper Mine, targeting a total copper output of 450, 000 tonnes per annum. Once achieved, this is expected to position Zijin as the largest copper producer in Europe.

  • Debottlenecking and Expansion

    The operation has completed debottlenecking and expansion programs for its four mines and one smelter, all of which are in production. Efforts are underway to transition the Jama mine from the cut-and-fill method to block caving.

  • M&A

    In 2018, Zijin Mining acquired a 63% interest in Serbia’s state-owned copper producer RTB Bor through a capital injection. The company was renamed Serbia Zijin Bor Copper DOO in January 2019 and then Serbia Zijin Copper DOO in June 2020.

ESG

Committed to balanced development between the company, employees, and the communities, the operation prioritizes environmental management, completing wastewater treatment and ecological restoration at Lake Robule in Bor and revamping its TIR smelter to be more environmentally friendly. Through the community initiative “Zijin Developing Together with Bor and Majdanpek”, the operation supports local infrastructure development, healthcare, education, cultural activities, sports, public welfare and poverty alleviation. Examples include the For the Future education initiative and the Health Guardian program. By partnering with more than 1,500 local suppliers, the operation has helped boost local industries.