Bor Copper Complex
Bor Copper Complex
Bor Copper Mines
Bor Copper Complex
Bor Copper Complex
  • Location
    Bor, Serbia
  • Ownership
  • Project status
    In operation + Under expansion
  • Deposit Type
    Porphyry Cu-Au+HS Epithermal
  • Mineral Resources (Inclusive of Mineral Reserves)
    Contained copper of 10.79Mt with grade of 0.45% and gold of 12.23Moz with grade of 0.16g/t
  • Mining & Processing methods
    Open-pit mining + underground mining + gravity Separation + flotation
  • 2022 production
    Mined copper: 93kt; Mined gold: 82koz
  • Project Overview

    The Bor Copper Complex is situated on the Eurasian metallogenic belt, boasting promising mineralization conditions and significant potential for further discoveries. Initially, the project was 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 now become one of the largest and most profitable companies in Serbia.

  • Debottlenecking and Expansion

    The project has carried out debottlenecking and expansion for its 4 mines and a smelter, all of which are in production. Efforts are underway to transition the Jama mine from the cut-and-fill method to block caving.

  • ESG

    Upon the arrival of the Zijin team, it established a robust safety and environmental management system, strictly adhering to Serbian laws and regulations. The company’s commitment to sustainability led it to build green mines, making notable strides in dust reduction, solid waste management, and wastewater and flue gas treatment. Now it has planted more than 228,500 saplings, increasing green spaces by 2.31 million square meters, and significantly enhancing overall safety, health, and housekeeping. In 2022, it completed the wastewater treatment and ecological restoration of Lake Robule in Bor, a task that fell within the government’s scope of responsibility.

    It also refined its community development strategy, capitalizing on the synergistic effects of Zijin Mining’s projects in Serbia. This led to the initiation of the Developing Together with Bor program, a comprehensive suite of community initiatives. This program provides wide-ranging support in infrastructure development, healthcare, education, cultural activities, sports, and poverty alleviation in Bor and Majdanpek municipalities. Among the community initiatives are the For the Future campaign, Zijin Scholarships, and the Healthy Drinking Water initiative. To bolster communication and foster strong ties with the community, it established a community service center in July 2022.

  • M&A

    In 2018, Zijin Mining injected additional capital into RTB Bor, a Serbian state-owned copper company, acquiring a 63% interest, and subsequently renamed it Serbia Zijin Copper Doo Bor.

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