Zijin Mining is a large multinational mining group. We are engaged in the global exploration and development of copper, gold, zinc and lithium, as well as engineering and technological research.
Our shares trade on the Hong Kong Stock Exchange under the ticker code 2899, and on the Shanghai Stock Exchange under the code 601899. As an important player in the global mining industry, Zijin Mining strives to become a “green, high-tech, leading global mining company”. We contribute to global economic growth and sustainable development by producing and supplying high-quality minerals.
Zijin has mining projects in 15 provincial-level regions in China and 13 other countries across the globe.
We operate major projects in China, such as the Julong Copper Mine in Tibet, the Duobaoshan Copper Mine in Heilongjiang, the Zijinshan Gold and Copper Mine in Fujian, the Ashele Copper Mine in Xinjiang, Shanxi Zijin, Guizhou Zijin, and Longnan Zijin.
Our main overseas assets include the Čukaru Peki Copper and Gold Mine and the Bor Copper Mine in Serbia, the Kamoa-Kakula Copper Mine and the Kolwezi Copper Mine in the DRC, and the Buriticá Gold Mine in Colombia.
Zijin Mining’s core competitiveness lies in innovation, especially technological innovation. We have a wealth of experience in geological exploration; hydrometallurgy; the processing of low-grade and refractory ores; and large-scale mining projects. We have developed the “Five-pronged” Mining Engineering Model and founded the State Key Laboratory for Comprehensive Utilization of Low-Grade Refractory Gold Ores.
Our in-house technologies and engineering capabilities cover the full spectrum of exploration, mining, processing, smelting and environmental protection. Powered by our technological strength, we have had many successes in developing and operating mining projects across the world and has fostered our own competitiveness in the global mining industry.
We are building our ESG system based on international standards, and are committed to developing green, eco-friendly mines to high standards. Our mission is “Mining for a Better Society”, and we stand by the values of “Harmony Brings about Wealth” and “Balanced Development of the Company, its Employees and the Wider Society”.
Rosebel Gold Mines N.V. was established on May 8, 2002. The company is a subsidiary of Zijin Mining as of February 1, 2023.
Rosebel is located in the Brokopondo and Sipaliwini Districts in northern Suriname, South America, 80 kilometres south of the capital city of Paramaribo. The project includes the Rosebel and the Saramacca mining areas. Among which, Rosebel is the main mining area. The Saramacca mining area is about 25 kilometers southwest of the Rosebel processing plant.
Rosebel is one of the largest in-production gold mines in South America. The Rosebel mining area commenced production in 2004, and the Saramacca mining area commenced production in the second half of 2020. From 2004 to 2021, a total of 5.65 million ounces of gold (about 176 tonnes) were produced, the annual average gold output was 314,000 ounces (about 10 tonnes). Among which, the Saramacca mining area has produced 168,000 ounces of gold (about 5 tonnes) since its commencement of production. Since the project commenced production, it has been maintaining relatively good profitability.
From 2019 to 2021, on a 100% basis, the output of gold of the project was 265,000 ounces, 245,000 ounces, and 188,000 ounces (about 8.2 tonnes, 7.6 tonnes, and 5.8 tonnes), respectively. Production and operation have improved meaningfully since 2022. In the first half of 2022, the actual gold production amounted to 112,000 ounces (about 3.5 tonnes).
The Rosebel Gold Mine is an open-pit mine and is self-operated by the project company. The mining and stripping equipment is mainly leased, and some auxiliary projects are subcontracted. Ores from the Rosebel mining area are easy-to-separate ores, and part of the original ores from the Saramacca mining area are refractory ores. The processing plant is a conventional cyanidation process. The designed processing rate of the Rosebel plant is 12.5 million tonnes per annum (Mtpa) of soft ore or 7.7 Mtpa of hard rock equivalent. The upgrade of the equipment of the processing plant is expected to be completed in the second half of 2023. Since 2018, ore recovery at the Rosebel mining area has been ranging from 86-94%. The ore recovery of the Saramacca mining area has increased to 92% in the first half of 2022. The operational mine life of the Rosebel Gold Mine is 12 years.
Security Policy Statement
Rosebel is committed to protecting its people, product, assets, and reputation. Everyone at Rosebel has a responsibility in maintaining a secure workplace in identifying, assessing and mitigating risks to as low as reasonably practicable. This is being achieved through the adherence of all employees and contractors to documented security procedures and the Code of Conduct, and the obligation to report security incidents, wrongdoing and non-compliance. This policy applies to the entire Rosebel operation including staff, contractors and visitors.