Yixingzhai Gold Mine
Yixingzhai Gold Mine
Yixingzhai Gold Mine
Yixingzhai Gold Mine
Yixingzhai Gold Mine
  • Location
    Shahe Town, Fanshi County, Shanxi Province
  • Ownership
  • Project status
    In operation + under expansion
  • Deposit Type
    Porphyry hosted hydrothermal
  • Mineral Resources (Inclusive of Mineral Reserves)
    Contained gold of 3.6Moz with grade of 1.77g/t
  • Mining & Processing methods
    Underground mining + gravity separation + flotation
  • 2022 Production
    Mined gold:67.5koz
  • Project Overview

    The Yixingzhai Gold Mine stands as the largest gold mine in Shanxi Province, China. The newly discovered Hewan Porphyry Gold Deposit of the mine underwent resource verification in June 2020, resulting in the addition of 54.72 tonnes of gold resources grading 2.12 g/t. The deposit also contains significant amounts of associated metals, including silver, copper, lead, and zinc, which collectively represent about half of Shanxi Province’s historically identified mineral resources. In recognition of this significant geological achievement, the Yixingzhai Gold Mine was honored with the Award of Top 10 Geological Exploration Achievements in China for 2020 by the China Geological Society in 2021.

  • Debottlenecking and Expansion

    The Yixingzhai Gold Mine is currently undergoing a debottlenecking project. This project, scheduled for completion in the third quarter of 2023, aims to enhance the mine’s daily throughput to 6,000 tonnes through the application of smart technologies in mining and processing. After reaching its nameplate capacity, the project is expected to contribute an additional 3 to 4 tonnes of mined gold to the mine’s annual production.

  • ESG

    The Yixingzhai Gold Mine places a strong emphasis on green and intelligent growth. It takes active steps to create a modern mining complex characterized by smart technology, intrinsic safety, environmental friendliness, and low carbon emissions. As a result, the mine was recognized as a demonstration company for the integration of information technology with industries in Shanxi Province in 2017. Additionally, the mine earned a place in the National Green Mine List released by the Ministry of Natural Resources in China in 2020, and was accredited as a high-tech company in 2021.

  • M&A

    Zijin Mining invested in the Yixingzhai Gold Mine in 2005 through a government investment promotion program, and now holds a 100% interest in the mine.