Zijin News – On the evening of October 18, 2022, Zijin Mining (“Zijin” or “the Company”) announced that it will acquire IAMGOLD’s (“IMG”) (TSX: IMG)(NYSE: IAG) 95% interest in Rosebel Gold Mines for cash consideration of USD 360 million (approximately RMB 2.56 billion). The acquisition of this world-class gold mine will give another strong boost to Zijin’s gold business.   As one of the largest pr...

Zijin News – On the evening of October 12, 2022, Zijin Mining announced it will acquire a 30% equity interest in Shandong Ruiyin Mining Industry Development Co., Ltd. (“Shandong Ruiyin”) for RMB 3.9845 billion through an equity transfer agreement. It will become the second-largest shareholder of the largest gold-only deposit in China following the completion of the acquisition.   Situated to the n...

 De-bottlenecking program underway at the Kamoa-Kakula Mining Complex   Zijin News - The Kamoa-Kakula Mining Complex has set a new production record in the third quarter of 2022, with 98,000 tonnes of copper in concentrate produced. The project also set a monthly production record of 34,000 tonnes of copper in concentrate in September. The mining complex’s concentrators milled approximately 5.0 mi...

  Zijin News - On September 13, the National Consulting Center of Colombia released the latest Brújula Minera(Mining Compass) report, in which Zijin’s local affiliate Continental Gold was ranked 6th among the country’s top 10 Mining Companies with the Best Reputations in 2022. The rankings in the report were based on a poll that assessed public opinion toward mining companies in Colombia. The surv...

By Xu Xinyao Duobaoshan Copper Zijin News - Located in the Green Minerals Economic Park in Nenjiang, Heilongjiang province, Zijin Mining’s first molybdenum smelter, with a total investment of 280 million yuan, is under construction by its subsidiary Duobaoshan Copper. Expected to come on stream in October 2022, the smelter is designed to process 7,000 tonnes of molybdenum concentrate per annum and...

By Tai Yibo Zijin Liyuan   Zijin News - Located in the Baisha Science and Innovation Valley in Shanghang county, Fujian province, Zijin Liyuan’s lithium-iron phosphate project is one of Fujian’s key projects. The project covers an area of 100,000 square meters. In less than five months, its 1,000 Tpa lithium-iron phosphate production line was built from scratch and reached steady-state operation. ...