Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
News for Outlets

Zijin Mining unit signs off-take deal on Kamoa-Kakula copper mine

June 10, 2021


Abstract : China's major gold producer Zijin Mining Group Company Limited (601899.SH; 2899.HK) announced on Thursday that its wholly-owned subsidiary, Gold Mountains (H.K.) International Mining Company Limited signed an off-take agreement on the Kamoa-Kakula copper mine.

copper mine.png

Photo provided by Zijin Mining shows a copper mine project launched by the company. 

BEIJING, June 10 (Xinhua) -- China's major gold producer Zijin Mining Group Company Limited (601899.SH; 2899.HK) announced on Thursday that its wholly-owned subsidiary, Gold Mountains (H.K.) International Mining Company Limited signed an off-take agreement on the Kamoa-Kakula copper mine.  

It is noted that the phase-1 Kamoa-Kakula copper mine with an annual mineral processing capacity of processing 3.8 million tonnes began producing copper concentrates on May 25, 2021.

Kamoa-Kakula copper mine project is owned by Kamoa Copper S.A., a joint investment among Zijin Mining Group, Ivanhoe Mines Ltd. of Canada and the government of the Democratic Republic of the Congo (DRC). 

Gold Mountains (H.K.) and CITIC Metal (HK) Limited each will buy 50-percent of the copper production from the recently-launched phase-1 Kamoa-Kakula mine in the DRC. 

The ultra-high-grade concentrates produced by Kamoa-Kakula copper mine project is expected to contain approximately 57-percent copper and very low levels of impurities. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: copper Zijin Mining

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial