Zijin Mining Group
About Zijin Mining Group
Overview
Zijin Mining Group is a Chinese mining conglomerate and one of the largest gold and copper producers in China. The company has rapidly expanded globally over the past two decades and now operates mines in over 10 countries across Asia, Africa, and South America. Zijin is known for its aggressive growth strategy and technical expertise in developing challenging deposits.
Operations
Zijin operates major assets including the Zijinshan gold-copper mine in China, Kamoa-Kakula copper mine in the DRC (one of the world's highest-grade major copper mines), Buritica gold mine in Colombia, Timok copper-gold project in Serbia, Porgera gold mine in Papua New Guinea, and Norton Gold Fields in Australia. The company produces approximately 2 million ounces of gold and over 800,000 tonnes of copper annually.
Strategy
The company's strategy emphasizes rapid global expansion through acquisitions and development, technological innovation in mining and processing, vertical integration including smelting and refining, and leveraging Chinese capital markets and government support. Zijin targets large-scale, long-life assets in copper and gold with focus on the global energy transition.
Key Projects
Major development projects include Phase 3 expansion at Kamoa-Kakula (targeting 600,000+ tonnes of copper production), Timok copper-gold development in Serbia, Julong copper mine in Tibet, Continental gold mine in Colombia, and numerous exploration projects. Zijin continues to pursue strategic acquisitions globally, particularly in copper and lithium assets.
Primary Commodities
Financial Metrics
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Quick Facts
- Ticker Symbol
- 2899.HK
- Market Cap
- Large Cap
- Category
- Diversified
- Commodities
- Gold, Copper, Zinc
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.