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Zijin to Gain Controlling Stake in Chinese Miner Zangge for RMB 13.7 BillionOn January 16, 2025, Zijin Mining announced it will acquire a 24.82% interest in Zangge Mining at RMB 35 per share, for a total of RMB 13.729 billion. The acquisition, to be made through its wholly-owned subsidiary, Zijin International Holdings, will bring Zijin’s total stake in Zangge to 25%. Combined with corporate governance arrangements, this will allow Zijin to secure control of Zangge and co...2025/01/20
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Zijin Mining Donates RMB 30 Million for Earthquake Relief in Shigatse, XizangOn January 8, Zijin Mining announced a donation of RMB 30 million (approximately US$ 4.1 million) to support earthquake relief efforts in Tingri County, Shigatse, Xizang. This includes RMB 10 million from Zijin Mining’s headquarters and an additional RMB 20 million from its three subsidiaries operating in Xizang—Julong Copper, Xianglong Copper, and Lakkor Resources. The funds will be used for emer...2025/01/08
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Zijin Mining Adds 18.38 Million Tonnes of Copper Resources Through ExplorationOn June 28, Zijin Mining announced a significant discovery of 18.38 million tonnes of additional copper resources and 5.77 million tonnes of copper reserves. This discovery, made possible by Zijin’s strong in-house research and exploration capabilities, includes resources and reserves from two projects in China: The Julong Copper Mine in Tibet and the Tongshan Copper Mine in Heilongjiang. The newl...2024/07/02