Zijin Mining Group
About
Welcome to Zijin Mining Group Co., Ltd. This section provides a view into our company's profile, financial performance, production metrics, resources & reserves, global standing and our commitment towards sustainability.
Our core commodities include Copper (Cu) — a key metal that's driving progress in our times, Gold (Au) — a global, top-tier metal of ageless value, Zinc (Zn) & Lead (Pb) — quintessential industrial metals, Silver (Ag) — a precious metal that plays dual roles as a commodity and a financial asset. We also invest in Lithium (Li), often hailed as the "White Petroleum", and Molybdenum (Mo) — touted as the metal of the future.
Our financial performance showcases a strong, robust and growing organization. In 2023, our company's revenue showed an impressive growth of 9% to 293.4 billion yuan. We also witnessed a 4% rise in profits before tax to 31.3 billion yuan and an elevation in net attributable profits by 5% to 21.1 billion yuan. Total assets saw an increase of 12% to 343 billion yuan, indicating a healthy financial environment.
In terms of production, in 2023, we achieved an increased production of 11% in copper, reaching 1007kt and gold production saw a spike of 20%, hitting 2.18 Moz. Zinc & Lead and Silver production rose by 3% to 467kt and 4% to 13.25 Moz, respectively.
We have vast resources and reserves across all our commodities, including 105 million tonnes of copper, 113 million ounces of gold, 12 million tonnes of Zinc&Lead, 912 million ounces of silver, 14 million tonnes of lithium (LCE), and 5 million tonnes of Molybdenum. Our stature in the global market can also be gauged from our impressive rankings.
Zijin Mining stands tall at No.267 in the Forbes Global 2000 list for 2024, at No.5 among metals miners, and holds the top spot among global gold companies. We are ranked No.364 on the Fortune Global 500 list and No.91 on the Fortune China 500 list. Zijin Mining stays committed to sustainable development. Our Environmental, Social, Governance (ESG) efforts are evaluated and recognized by several reputable indices.
Featuring in the 2023 Forbes China ESG Innovation Enterprises and receiving top ratings in Refinitiv ESG and CSI ESG is a testimony to our contributions. We're also proud members of the World Gold Council. If you wish to engage with or know more about us, follow Zijin on various platforms or use the contact details provided.
Thank you for your interest in Zijin Mining Group Co., Ltd, we are continuously striving towards making our planet a better place to live, while constantly growing and prospering. We believe in progress, in people and in our planet, and our work is a testament to that belief. 闽ICP备14001797号-1 Copyright © 2022 Zijin Mining Group Co., Ltd. All rights reserved.
Growth
Zijin Mining is a large multinational mining group. This implies that the company is beyond a mere startup and is firmly entrenched as an operational enterprise. As part of its growth stage, the company has invested heavily in various global exploration and development efforts which entail extraction of not just precious metals like copper and gold, but also zinc and lithium. With offices spanning the globe, from China, Central Asia, Russia, Mongolia, Europe, Africa, Oceania to South America, the company’s expansion strategy has a truly global footprint.
Achievements
One of Zijin Mining's key milestones is its ambitious target to achieve its 2030 goals ahead of time. The company plans to produce 1.5-1.6 million tonnes of copper by 2028, underlining its growing productivity in the mining sector. As per the information released between 2023 and 2024, the company has consistently updated its quarterly and annual reports indicating a focus on fiscal responsibility and corporate transparency. This is a substantial achievement for a company of Zijin’s magnitude and demonstrates an emphasis on operational excellence.
Case Studies
Zijin Mining has deployed several innovative practices in the mining sector. For instance, the use of small mining equipment which has been promoted across China is a clear indication of how the company has utilized its engineering and technological research capacity for creative problem-solving. Another noteworthy case is the company's active participation in social welfare through sports and initiatives aimed at women empowerment, like the victory of Continental Gold Women’s team at International Mines Rescue Competition.
Key Events
Notable key company events involve strategic expansion activities which attempt to widen the company's market and maximize its productivity. A major highlight is its proposed acquisition of the La Arena Copper-Gold Mine in Peru on November 7, 2024. Another significant event was the announcement of the progress of the joint investment by wholly-owned subsidiaries and professional investment institutions, along with publishing board of directors and supervisory committee resolutions, showcasing corporate leadership's activity in propelling the company's growth.
Socials
Website
Founded
-
Operating Status
Active
Industry
Basic Materials/Resources
headquarters
Address
Zijin Building 1 Zijin Road Shanghang County Longyan Fujian 364200 China...
Country
China
Employees
55239
Key People
Revenue
318.85 B
Operating Income
Stock Price
$45.05
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4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
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Zijin Mining Group
Z
-
Website
-
Founded
-
-
Industry
Basic Materials/Resources
-
Address
Zijin Building 1 Zijin Road Shanghang County Longyan Fujian 364200 China...
-
Country
China
-
Number of employees
55239+
-
Revenue
318.85 B
About Zijin Mining Group
Welcome to Zijin Mining Group Co., Ltd. This section provides a view into our company's profile, financial performance, production metrics, resources & reserves, global standing and our commitment towards sustainability.
Our core commodities include Copper (Cu) — a key metal that's driving progress in our times, Gold (Au) — a global, top-tier metal of ageless value, Zinc (Zn) & Lead (Pb) — quintessential industrial metals, Silver (Ag) — a precious metal that plays dual roles as a commodity and a financial asset. We also invest in Lithium (Li), often hailed as the "White Petroleum", and Molybdenum (Mo) — touted as the metal of the future.
Our financial performance showcases a strong, robust and growing organization. In 2023, our company's revenue showed an impressive growth of 9% to 293.4 billion yuan. We also witnessed a 4% rise in profits before tax to 31.3 billion yuan and an elevation in net attributable profits by 5% to 21.1 billion yuan. Total assets saw an increase of 12% to 343 billion yuan, indicating a healthy financial environment.
In terms of production, in 2023, we achieved an increased production of 11% in copper, reaching 1007kt and gold production saw a spike of 20%, hitting 2.18 Moz. Zinc & Lead and Silver production rose by 3% to 467kt and 4% to 13.25 Moz, respectively.
We have vast resources and reserves across all our commodities, including 105 million tonnes of copper, 113 million ounces of gold, 12 million tonnes of Zinc&Lead, 912 million ounces of silver, 14 million tonnes of lithium (LCE), and 5 million tonnes of Molybdenum. Our stature in the global market can also be gauged from our impressive rankings.
Zijin Mining stands tall at No.267 in the Forbes Global 2000 list for 2024, at No.5 among metals miners, and holds the top spot among global gold companies. We are ranked No.364 on the Fortune Global 500 list and No.91 on the Fortune China 500 list. Zijin Mining stays committed to sustainable development. Our Environmental, Social, Governance (ESG) efforts are evaluated and recognized by several reputable indices.
Featuring in the 2023 Forbes China ESG Innovation Enterprises and receiving top ratings in Refinitiv ESG and CSI ESG is a testimony to our contributions. We're also proud members of the World Gold Council. If you wish to engage with or know more about us, follow Zijin on various platforms or use the contact details provided.
Thank you for your interest in Zijin Mining Group Co., Ltd, we are continuously striving towards making our planet a better place to live, while constantly growing and prospering. We believe in progress, in people and in our planet, and our work is a testament to that belief. 闽ICP备14001797号-1 Copyright © 2022 Zijin Mining Group Co., Ltd. All rights reserved.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
