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Zijin Mining Reports Q1 Earnings of RMB 4.35 billion, up 140.4%Zijin News - on April 16, Zijin Mining released financial results for Q1 2021. ² Q1 earnings reached RMB 4.35 billion, up 140.4% YOY; ² Net profit attributable to shareholders of the parent company stood at RMB 2.51 billion, up 141.4% YOY; and ² Net operating cash flow was RMB 5.25 billion, up 125.6% YOY. Our main products grew in volume over the same period last year - we produced 11.2 tonne...2021/04/20
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Serbia Zijin Copper Doo Bor Delivers Strong Q1 ResultsZijin News - Serbia Zijin Copper Doo Bor achieved revenue of $222 million in the first quarter, up 87.39% year-on-year, while its earnings increased by 198% year-on-year. This makes Q1 2021 a quarter of strong results for the company. Production and operation of its four copper mines, i.e. Jama, Majdanpek, Veliki Krivelj and New Cerovo, are going well. The mines’ production and technical indicator...2021/04/16
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The Construction of Kakula’s Phase 1 Processing Plant has Completed 90%Zijin News - The construction of Kakula’s Phase 1 3.8Mtpa processing plant has completed 90% and is expected to complete by the end of June 2021. Phase 1 processing plant is scheduled to start production in July 2021. The construction of phase 2 3.8Mtpa processing plant has also progressed well. Kamoa-Kakula project has mined 400,000 tonnes of ore grading 5.36% copper in March which brings the tot...2021/04/08
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The Latest Progress on Negotiations on Porgera Gold MineZijin News - on 6th April 2021, Pupa New Guinea (PNG) Prime minister James Marape has announced an imminent agreement to reopen Porgera mine. Barrick Gold Corporation (Barrick) has announced the latest progress about the negotiations afterwards. The production of Porgera has been suspended and the mine has been on care and maintenance since April 2020 as the PNG government refused the application ...2021/04/06
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Chinese Investment Revives Serbia's Century-old MinesNote: this story was first carried on the overseas edition of the People’s Daily, on January 10, 2021. Bor, a city located in eastern Serbia, thrives on copper. When modern copper mining began in 1903, the city developed rapidly on the back of its rich resource deposits. However, due to its outdated equipment and inefficient management, the Bor copper mines were on the verge of bankruptcy. Their e...2021/04/06
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Zijin Mining Released 2020 ESG Report to emphasize Sustainable DevelopmentZijin News on 20th Mar 2021, Zijin Mining released 2020 ESG report, in which the company expressed its determination and confidence to enhance its sustainable development capability. The report is prepared according to GRI standards. ESG concept is rooted in corporate culture, which is consistent with corporate value -‘to create value for the society and bring benefits to its stakeholders; and co...2021/03/25