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Cukaru Peki Copper-gold Mine in Serbia Begins Trial Production

Zijin News - The mining and processing project of the Upper Zone of the Čukaru Peki Copper and Gold Mine of Serbia Zijin Mining Doo, a wholly-owned subsidiary of Zijin Mining, has recently obtained the trial production permit for the processing facilities issued by the Serbian Ministry of Mining and Energy (the “Ministry of Mining”), and has entered the trial production stage.

The mining and processing project of the Upper Zone of the Čukaru Peki Copper and Gold Mine in Serbia is designed to process 3.3 million tonnes of ore per annum. It is expected that 91 thousand tonnes of copper and 2.5 tonnes of gold will be produced per annum after production commences. At present, the construction of the processing facilities of the project has been completed, trial production and operation, construction conclusion and greening, etc. are being conducted at full speed. It is planned that all work of the trial production stage shall be completed for submission to the Ministry of Mining for acceptance check before September this year. This will achieve a smooth transition from mine infrastructure construction to production and operation.

The Čukaru Peki Copper and Gold Mine in Serbia is a super-large scale copper and gold mine wholly-owned by the Company. It is divided into the Upper Zone and the Lower Zone. The reserve volumes of resources at the Upper Zone are 1.28 million tonnes of copper metal grading 3% in average, and 81 tonnes of gold metal grading 1.91 grammes/tonne in average. The first mining area will be the super-high grade ore deposit. The resource volumes at the Lower Zone are 14.30 million tonnes of copper metal grading 0.86% in average and 299 tonnes of gold metal grading 0.18 gramme/tonne in average.