On May 9, 2016, Mr. Peter O'Neill, Prime Minister of Papua New Guinea (PNG), met with Mr. Chen Jinghe, Chairman of Zijin Mining Group. Both sides exchanged opinions on Zijin’s further development in PNG. Mr. Chen expressed his thanks for the support that PNG government offered to Zijin. He said, “PNG has abundant natural resources, Zijin is interested in some other large mines in PNG. Zijin expect...

On 25th March, 2016, Zijin Mining Group Co., Ltd. held Board Meeting and passed its 2015 Annual Results. In 2015, with the sluggish economy and plunging gold and commodity price, Zijin achieved revenue of RMB 74.30 Billion (USD 11.42 billion), representing an increase of 26.45% year on year. The net profit amounted to RMB 1.656 Billion (USD 254 million), a decrease of 29.40% YOY. Excluding the imp...

On March 18th, Mr. Chen Jinghe, Chairman of Zijin, met with Mr. Darcy Lai, Regional Head of Origination and Client Coverage for Greater China and Northeast Asia of Standard Chartered Bank.   Mr. Chen and Mr. Lai shared opinions on the trend of commodity prices and exchange rate, discussed how Zijin will further combine the country’s “One Belt One Road” strategy with its own internationalization go...

During the PDAC conference in Toronto, Mr. Fang Qixue, Executive and Vice President of Zijin, and Mr. Peter Grosskopf, CEO of Sprott Inc., signed the term sheet to transform Sprott-Zijin Mining Fund from a hedge fund to a private equity fund. Sprott Inc. is a Toronto-based alternative assets manager. Jointly set up by Zijin and Sprott in October 2013, Sprott-Zijin Mining Fund has been outperformin...