Zhongjin Gold

Zhongjin Gold Corporation Limited
Native name
中金黄金股份有限公司
Company typePublic
SSE: 600489
IndustryMining, non-ferrous metals
Headquarters,
Area served
China and abroad
ProductsGold, copper, platinum
Revenue¥28.53 billion (H1 2024)[1]
¥1.74 billion (H1 2024)[1]
Websitezjgold.com

Zhongjin Gold Corporation Limited (中金黄金股份有限公司) is a major Chinese mining company engaged primarily in the production of gold, copper, and other non-ferrous metals. The company is headquartered in Beijing and listed on the Shanghai Stock Exchange under the ticker symbol SSE: 600489.

Mining Operations

[edit]

Zhongjin Gold operates several major mines across China. Its flagship asset is the Dazhuohan Gold Mine, which has an annual processing capacity of approximately 500,000 metric tonnes of concentrate.

In Shandong Province, the company expanded its operations by acquiring two significant gold production enterprises, outbidding Shandong Gold in a high-profile deal.[2]

Zhongjin Gold is also actively developing the Shaling Gold Mine under its subsidiary Laizhou Zhongjin. Construction is expected to be completed by mid-2025. The mine is forecast to produce 11 metric tonnes of gold annually during its first phase, with steady-state output of approximately 6.6 metric tonnes per year.[3]

In March 2025, Zhongjin approved a tailings pond expansion project at the Wunugetushan Copper-Molybdenum Mine in Inner Mongolia, aimed at increasing capacity and prolonging mine life.[4]

References

[edit]
  1. ^ a b "Zhongjin Gold Corp Ltd Reports Earnings Results for the Half-Year Ended June 30, 2024". MarketScreener. August 2024. Retrieved April 11, 2025.
  2. ^ "Zhongjin, Shandong Gold Compete for Two Gold Companies". Bloomberg. April 13, 2012. Retrieved April 11, 2025.
  3. ^ "CICC: Zhongjin Gold 2023 Annual Report and Q1 2024 Review". Futunn. Retrieved April 11, 2025.
  4. ^ "Zhongjin Gold Approves Tailings Expansion at Copper-Molybdenum Mine". MarketScreener. March 2025. Retrieved April 11, 2025.
[edit]