On September 21st, Mr. Chen Jinghe, Chairman of Zijin Mining Group Co., Ltd (“Zijin”) met and held talks with Prime Minister Kokhir Rasulzoda of Tajikistan during The Asia-Europe Expo in Urumchi. They conducted deep and friendly discussions on Zijin’s investments and development in Tajikistan.
Chairman Chen said the total investment of JV Zeravshan LLC (“ZGC”) by Zijin has reached approximately USD 400 million, and the total gold output since the investment by Zijin has reached over 16 tonnes. Currently ZGC is the largest gold producer, and one of the largest tax payer companies in Tajikistan. It has made great contributions to the increase of local fiscal revenue and the improvement of local people’s wellbeing. In addition, Chairman Chen sincerely hoped that Tajikistan Government could give more supports and benefits on ZGC’s taxes and power supply to help the company create better investment environment and achieve long-term sustainable development.
Speaking highly of the excellent performances Zijin has achieved in recent years of depression in mining industry, Kokhir Rasulzoda also extended his sincere gratitude to Zijin for its great contributions to local economic and social development. He said that with steady relationship between China and Tajikistan, Tajikistan Government would continue to attach great importance to Chinese enterprises, especially those key enterprises like ZGC, and make its efforts to solve those difficulties confronted together with ZGC during its development.
About Zijin Mining
Zijin Mining is a leading global metals and mining company and one of the world’s largest producers of gold, copper, and zinc. The company has more than 30 large-scale mining operations and projects across 19 countries on 5 continents. Leveraging strong in-house research, engineering, and development capabilities, Zijin maintains high operational efficiency and low costs in both acquisitions and operations. This enables the company to be an industry leader in value creation, underpinned by its philosophy of pursuing development for all and sustained by superior environmental, social, and governance performance. Zijin’s shares trade on the Hong Kong Stock Exchange (HKEX: 2899) and the Shanghai Stock Exchange (SSE: 601899).