Zijin starts building $65 mln electrolytic copper refining plant in Serbia

MINEX Forum | June 2, 2020
img0 BELGRADE (Serbia), June 2 (SeeNews) – Zijin Bor Copper, the Serbian unit of China’s Zijin Mining Group, has launched a $65 million (58.1 million) project for the construction of an electrolytic copper refining plant, a company official said. The construction of the plant, which will have a capacity to process 200,000 tonnes of copper cathode per year, started on May ...

Zijin copper production to rise by 11% backed by Serbian operations – S&P

Anastasia Bogdanova | March 31, 2020
img0 BELGRADE (Serbia), March 27 (SeeNews) – Standard and Poor’s expects China’s Zijin Mining Group mined copper production volume to increase by up to 11% in 2020, backed by the expansion of the company’s production capacity in Serbia, it said on Friday. “Mined copper production volume will increase 7%-11% in 2020 benefiting from ramp-up of Bor copper mine in Serbia,” Standard ...

How big is Serbia’s mineral wealth?

Anastasia Bogdanova | February 11, 2020
img0 The expansion of mining activities continues in Serbia with significant quantities of various metals and non-metals hidden in Serbian mines and more copper, lead, zinc, silver and gold are currently being exploited. Mining industry experts note that it is important that, in parallel with the opening of new mines, a support industry is being developed ...

Zijin Serbia, Exploitation begins in second half of 2021 – 44.7 million tonnes of ore mined at Cukar Peka

MINEX Forum | January 6, 2020
img0 In the upper zone of the Chukar Peka deposit near Bor, 44.7 million tonnes of ore with high copper content and associated gold and silver content have been certified, said Minister of Mining and Energy Aleksandar Antic. The minister said that the Chinese company Zidjin is intensively working on a project to open the Chukar ...

Zijin to invest 200 mln euro in revamping Serbia’s Bor copper mine/smelter

MINEX Forum | November 21, 2019
img0 China’s Zijin Mining Group plans to invest 200 million euro ($221 million) in revamping and expanding the current capacities of Serbian copper mining and smelting complex Bor which it controls, local media reported. Zijin is currently drafting a project for the planned overhaul and for the planned expansion of the smelter’s annual capacity of 80,000 ...

Serbia buys nine tonnes of gold to heed president’s crisis advice

MINEX Forum | November 18, 2019
img0 Serbia’s central bank bought nine tons of gold in October, raising its reserves of the precious metal on the advice of President Aleksandar Vucic. The biggest former Yugoslav republic is following Hungary and Poland, where officials boosted gold reserves in 2018 to create a bulwark against crisis. Central Bank Governor Jorgovanka Tabakovic, a member of ...

Tethyan says gold porphyry system discovered at Kremice, Serbia

MINEX Forum | October 21, 2019
img0 Tethyan Resource has announced the discovery of an outcropping gold porphyry system on the western side of is Kremice project, south-western Serbia. The company says channel sampling of a large area of exposed stockwork veining at Kremice West returned consistent mineralisation, with individual samples grading up to 0.68 g/t gold and 0.21% copper. Tethyan has ...