
Zijin Mining is China's leading gold and copper miner.
The company has a long history dating back to 1993.
Zijin Mining is a major player in the mining industry, with a significant presence in China and globally.
It operates a number of mines, including the Luoyu gold mine in Henan Province, China, which is one of its largest gold mines.
Domestic and International Operations
Zijin Mining has a significant presence in China, operating some of the largest gold and copper mines in the country.
The company's flagship domestic project is the Zijinshan Gold and Copper Mine in Fujian Province, which includes both open-pit and underground mining operations and produces gold, copper, and silver.
This mine was one of the first in China to use bioleaching technology for low-grade gold.
Zijin also operates the Julong Copper Mine in the Tibet Autonomous Region, which has become a major contributor to China's domestic copper output since Zijin assumed control in 2020.
In addition, the company has the Duobaoshan Copper Mine in Heilongjiang Province, which is a key copper operation in Northeast China, and the Shanghang Mine in Fujian Province, which produces gold and serves as a major processing hub for surrounding deposits.
Here are some of Zijin's key domestic operations:
- Zijinshan Gold and Copper Mine (Fujian Province)
- Julong Copper Mine (Tibet Autonomous Region)
- Duobaoshan Copper Mine (Heilongjiang Province)
- Shanghang Mine (Fujian Province)
Zijin also operates globally, with a focus on gold and copper, and growing interests in lithium, zinc, and other critical minerals.
Domestic Operations
Zijin Mining has a strong presence in China, with several significant operations across the country. These operations include some of the largest gold and copper mines in the country.
One of the company's flagship domestic projects is the Zijinshan Gold and Copper Mine in Fujian Province, which includes both open-pit and underground mining operations and produces gold, copper, and silver. This mine was one of the first in China to use bioleaching technology for low-grade gold.
The Julong Copper Mine in the Tibet Autonomous Region is another major operation, becoming a significant contributor to China's domestic copper output since Zijin assumed control in 2020. This high-altitude mine is notable for its size and remoteness.

Zijin also operates the Duobaoshan Copper Mine in Heilongjiang Province, a key copper operation in Northeast China that has been acquired and modernized by the company. The mine features both mining and smelting facilities.
The Shanghang Mine in Fujian Province is the original base of Zijin's operations, producing gold and serving as a major processing hub for surrounding deposits.
International Operations
Zijin operates a global portfolio of mining and exploration assets, including wholly owned subsidiaries, majority-owned companies, and strategic equity investments. The company's primary focus is on gold and copper, with growing interests in lithium, zinc, and other critical minerals.
Zijin has made significant investments in various countries, including Colombia. The Buriticá Gold Mine in Colombia is one of its notable assets, acquired through the 2019 purchase of Continental Gold for C$1.3 billion.
The Buriticá Gold Mine is a high-grade underground gold project, but it's unfortunately been the target of a major theft in 2023. An organized group stole 3.2 tonnes of gold from the mine.
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Top 3 Competitors

When it comes to domestic operations, it's worth noting that our top competitor in the US market is Company X, which has a strong presence in over 30 states and generates over $1 billion in annual revenue.
Company X has a robust distribution network with over 500 warehouses and employs over 10,000 people in the US alone.
Our competitor, Company Y, has a significant presence in the European market, with a strong foothold in countries such as Germany, France, and the UK.
Company Y has a diverse product portfolio that caters to various industries, including manufacturing, logistics, and retail, which has helped them establish a strong customer base.
In terms of international operations, Company Z is a major player in the Asian market, with a strong presence in countries such as China, Japan, and India.
Company Z has a strong focus on innovation and has invested heavily in research and development, which has enabled them to develop cutting-edge solutions for their customers.
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Projects and Development
Zijin Mining is a global mining company with a diverse portfolio of projects across various countries.
One of its notable projects is the Zarafshon Gold Mine in Tajikistan, which is the largest gold producer in the country, responsible for over 70% of Tajikistan's total gold output.
The company also operates the Taldybulak Levoberezhny Gold Mine in Kyrgyzstan, which is the third-largest gold mine in the country, producing around 4 tonnes of gold annually.
In South America, Zijin acquired the Rosebel Gold Mine in Suriname in 2022 for $360 million and now holds a 95% stake in the mine.
In addition to its gold mines, Zijin is also involved in copper mining, with projects such as the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo and the Serbia Zijin Bor Copper mine in Serbia.
Here's a list of some of Zijin's notable projects:
- Zarafshon Gold Mine (Tajikistan)
- Taldybulak Levoberezhny Gold Mine (Kyrgyzstan)
- Rosebel Gold Mine (Suriname)
- Kamoa-Kakula Copper Mine (Democratic Republic of Congo)
- Serbia Zijin Bor Copper (Serbia)
Zijin is also involved in exploration and development, with projects such as the Kharmagtai Copper-Gold Project in Mongolia and the Rio Blanco Copper-Molybdenum Project in Peru.
The company has a significant presence in Africa, with projects such as the Bankan Gold Project in Guinea and the Montage Gold project in Côte d'Ivoire.
Zijin's expansion into the lithium sector is also noteworthy, with its acquisition of Neo Lithium Corp. in 2021, gaining control of the Tres Quebradas (3Q) lithium brine project in Argentina.
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China: Operations Cause Pollution and Health Risks
In 2010, acid waste from a copper plant leaked into the Ting River in Fujian, causing widespread environmental damage. This incident highlights the environmental concerns associated with Zijin Mining's operations.
The company's acquisition of RTB Bor in 2018 led to repeated incidents of sulfur dioxide emissions exceeding legal limits in the city of Bor, Serbia. This triggered public protests and government investigations.
Zijin Mining's operations have also been linked to health risks. In 2010, a dam collapse at a tin mine in Guangdong caused four deaths, attributed to extreme rainfall from a rare typhoon.
Zijin Mining's operations have been associated with environmental incidents and health risks, highlighting the need for improved safety and environmental practices.
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Key Statistics and Comparison
Zijin Mining's stock price has moved over 5% to 34.70 on October 16, 2025. This significant increase is a notable development in the company's performance.
The average volume of Zijin Mining's shares outstanding is 108.54 million, with a free float of 20.47 billion shares. This indicates a high level of liquidity in the market.
Here's a comparison of Zijin Mining with its competitors in terms of headquarters and number of employees:
Zijin Mining's market capitalization is 872.86 billion HKD, with an EPS (TTM) of 1.62 HKD.
Key Statistics
The key statistics for 2899:HKG are quite interesting. The stock opened at 33.06, with a high of 33.96 and a low of 32.18. The bid is currently at 32.34 and the offer is at 32.36.
The average volume of shares traded is a significant 108.54 million. This is a substantial number, indicating a high level of market activity. With 26.58 billion shares outstanding and a free float of 20.47 billion, the stock's liquidity is quite impressive.
The price-to-earnings (P/E) ratio is a relatively high 20.18, suggesting that investors are willing to pay a premium for this stock. The market capitalization is an enormous 872.86 billion HKD, making it a major player in the market. The earnings per share (EPS) for the trailing 12 months is 1.62 HKD.
Here is a summary of the key statistics:
Competitor Comparison
Let's take a closer look at the key statistics of these Chinese mining companies. The headquarters of Zijin Mining Group Co Ltd, Jiangxi Copper Co Ltd, Shandong Gold Mining Co Ltd, Western Mining Co Ltd, and Hunan Gold Corporation Ltd are all located in China.
The number of employees varies significantly across these companies, with Zijin Mining Group Co Ltd having the largest workforce with 55,690 employees, followed by Jiangxi Copper Co Ltd with 26,369 employees.
Here's a comparison of the headquarters locations for these companies:
The entity type of all these companies is public, indicating they are listed on a stock exchange.
Sustainability and Cost
Zijin Mining Group has implemented comprehensive sustainability programs, which have achieved significant environmental improvements while maintaining production excellence.
Gold mining costs depend on multiple factors, including the specific methods used and the location of the mine.
In fact, Zijin Mining Group's commitment to sustainability has allowed them to reduce waste and increase resource recycling, demonstrating that environmental responsibility and cost-effectiveness can go hand in hand.
For more insights, see: Djsi Dow Jones Sustainability Index
Circular Economy: Recycle, Reduce Waste
Implementing a circular economy is a game-changer for reducing waste and promoting resource recycling. Zijin Mining Group has achieved significant environmental improvements through their comprehensive sustainability programs.
By adopting sustainable mining practices, companies can minimize their ecological footprint and maintain production excellence. This approach has been successfully implemented by Zijin Mining Group.
Reducing waste is a crucial aspect of a circular economy, and it's great to see companies taking the lead in this area. Zijin Mining Group has demonstrated that sustainability and production can go hand-in-hand.
Resource recycling is also a vital component of a circular economy, allowing companies to conserve natural resources and reduce waste. This approach has been successfully implemented by Zijin Mining Group.
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Cost?
Gold mining costs depend on multiple factors, making it challenging to pinpoint an exact price.
Gold mining costs can vary significantly based on the mine development stage, with capital expenditure being a key factor.
Mining equipment requires a substantial investment, but direct sourcing from manufacturers through CAMAL can help reduce costs and ensure quality.
Zijin Mining Group maintains competitive production costs through operational efficiency and advanced technology integration.
For your interest: When Are Product Costs Matched Directly with Sales Revenue
Mission and Goals
Zijin Mining Group's mission is to deliver premium mining products while driving technological innovation and environmental stewardship.
Their goal is to support global industrial transformation and sustainable development for future generations.
By focusing on technological innovation, Zijin Mining Group aims to stay ahead in the industry and meet the demands of a rapidly changing world.
Mission Statement
A company's mission statement is a powerful tool that guides their actions and decisions. Zijin Mining Group's mission statement is a great example of this.
Their mission is to deliver premium mining products while driving technological innovation and environmental stewardship. This means they're committed to producing high-quality products while also being good stewards of the environment.
This approach is essential for supporting global industrial transformation and sustainable development for future generations. By prioritizing innovation and environmental responsibility, Zijin Mining Group is setting themselves up for long-term success.
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Path to Global Leadership
Zijin Mining Group has been instrumental in China's resource security strategy, making it a key player in the country's resource development.
Over the decades, Zijin Mining Group has demonstrated its ability to adapt to global market dynamics while maintaining its reputation for operational excellence.
Their commitment to technological innovation is evident in the advanced mining equipment used in their operations, which has helped them stay ahead of the curve.
Zijin Mining Group's strategic expansion into international markets has enabled them to establish themselves as a global leader in the gold mining industry.
The company's ability to master technological advancement, sustainability leadership, and strategic expansion capabilities positions them to control the industry's next phase.
Their proprietary bacterial leaching processes increase gold recovery rates by 15-20% compared to conventional methods, while AI-powered automation systems reduce operational costs and improve safety metrics.
Zijin Mining Group's technological edge, combined with rapid acquisition integration capabilities, positions them to capitalize on market opportunities that competitors cannot access.
As a result, they have become the second-largest gold producer globally, producing over 60 tons annually, and are poised to shape the future of gold mining.
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News and Information
Zijin Mining has been referenced in news articles and reports on our website.
There's been one allegation made about Zijin Mining.
Frequently Asked Questions
Who is the owner of Zijin mining?
The founder and core leader of Zijin Mining is Mr. Chen, who has been at the helm since 1993. He is the Chairman of the Board of Directors and a renowned expert in the field.
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