On August 31st, Fang Qixue, the Executive Director, Vice President and Chief Engineer of Zijin Mining Group Ltd., signed the final delivery documents on acquisition of Porgera ld mine in Papua New Guinea. The deal has completed. Porgera ld mine is considered as a large-sized and well-developed operating mine. With more than 300 tonnes (or 9.65 million ounces) of ld resources and over 15 tonnes (or...

On August 29th, Zijin released its Half Year Financial Results, reporting a sales revenue of RMB 38.8 billion (about US$6.35billion), ranking first among all the listed ld companies, with an increase of 61.9% compared to the previous year; net profit attributable to the shareholders of Zijin was RMB 1.34 billion (about US$219.3 million), ranking third among all the listed ld companies, reaching an...

On August 20th, Fujian Daily reported a front-page headline “Go Global, Zijin Is Creating Its Overseas Legend”, covering a comprehensive story about Zijin’s overseas development in recent years. The article reads, Zijin Mining Group Ltd. released an announcement on late August 6th, saying its wholly-owned subsidiary Norton ld Fields Ltd. will offer about RMB 205 million to take over all the issued...

On August 10th, China gold Association released China ld Yearbook 2015. It shows Zijin Mining's gold production in 2014 was 32.3 tonnes (or 1 million ounces), accounting for 8.76% in China's gold production. However, Zijin ranks first amongst China's gold industry with an annual profit of RMB 3.3 billion (about US$543.2 million), making up about 33.79% in total profits of gold enterprises, followe...

At the invitation of Papua New Guinea's (PNG) Mining Ministry, Fang Qixue, the Executive Director and Vice President of Zijin Mining Group Ltd., visited Mr. Byron Chan, the Mining Minister and local vernment officials on August 14th in Port Moresby, the capital of PNG. Mr. Fang said, in recent years, Zijin's financial performance has been growing and its Internationalization is speeding up. Mr. Fa...

Recently, China Nonferrous Metals Industry Association released the list of "Top 50 Non-ferrous Metals Enterprises by Revenue in 2014". Zijin Mining Group Co. Ltd. ranks No.10 with an annual revenue of RMB 58.86 billion (about US$ 9.6 billion). Aluminum Corporation of China ranks No.1. In accordance with the function of statistics commissioned by relevant department of the state, China Nonferrous ...