Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  Zijin Mining Group Co., Ltd.    601899   CNE100000B24

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Zijin Mining Group Co., Ltd. : Vice President Li Yuanchao Visits Ashele Copper

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/04/2013 | 10:21am CEST

04 Sept 2013

On 31st Aug. Li Yuanchao, member of the Political Bureau of CPC Central Committee and Vice President of the People's Republic of China, paid a visit to Ashele Copper Co., Ltd., a subsidiary of Zijin Mining locating in Habahe County, Aletai District of Xinjiang Uygur Autonomous Region.

On the sight-seeing platform of the Company, Vice President asked questions on resource exploitation and utilization, construction of green mine, geological prospection, safety operation, technological innovation, recycling economy, social responsibility and strategic development plan. He highly praised the Company when he realized that Ashele has increased over 400,000 tons of its copper reserve, paid taxes over 3 billion yuan, and achieved zero discharge of industrial waste water since the operation.

Vice President Li also visited the processing plant. In the 2nd workshop, he is interested in the ball mill and its micron order grinding technology, which is researched and developed independently by the Company to recover copper from tailings. It increases over 800 tons to the Company's annual copper production and makes an additional profit of 60,000,000 yuan.

Li expressed his hope to the Company as follows: further enhance environmental protection to realize the harmonious relationship between development and nature, human and society, further invest to geological prospection around the mine site to increase resource and extend the length of mine life, develop the Company bigger and stronger to contribute more to local economy, and continue to carry out social responsibility by supporting local administration and local community.

(Edited and translated by Guo Jidong and Checked by Qiu Guozhu)

Hits:8 
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ZIJIN MINING GROUP CO., LT
09/29 ZIJIN MINING : (H Share)Monthly Return of Equity Issuer on Movements in Securiti..
09/28 ZIJIN MINING : (H Share)Notice of Board Meeting
09/28 ZIJIN MINING : (H Share)2017 Interim Report
09/18 ZIJIN MINING : (H Share)Announcement in relation to Exploration Progress at the ..
09/14 ZIJIN MINING : (H Share)Announcement in relation to the Results of Public Issuan..
09/12 ZIJIN MINING : (H Share)Announcement in relation to the Coupon Rate of the 2017 ..
08/31 ZIJIN MINING : (H Share)Monthly Return of Equity Issuer on Movements in Securiti..
08/20 ZIJIN MINING : (H Share)Announcement-Unaudited Interim Results for the Six Month..
07/26 ZIJIN MINING : (H Share)2016 Environmental, Social and Governance Report
07/21 ZIJIN MINING : (H Share)Board of Directors Resolution
More news
News from SeekingAlpha
10/12 RESOURCE SECTOR DIGEST : Revisiting The Rainy River Chook Raffle
05/10 Sifting The Price Difference Between A Shares And H Shares (AH Premium) For V..
04/05 REUTERS : Chinese miner in talks to buy half of Barrick Gold's Veladero mine
03/24 KAMOA-KAKULA : The World's Biggest Copper Mine?
2016 Should Ivanhoe Mines Shareholders Worry About The Political Crisis In The Dem..
Financials ( CNY)
Sales 2017 88 344 M
EBIT 2017 7 028 M
Net income 2017 3 999 M
Debt 2017 28 429 M
Yield 2017 2,09%
P/E ratio 2017 22,53
P/E ratio 2018 18,11
EV / Sales 2017 1,25x
EV / Sales 2018 1,15x
Capitalization 81 854 M
Chart ZIJIN MINING GROUP CO., LT
Duration : Period :
Zijin Mining Group Co., Lt Technical Analysis Chart | 601899 | CNE100000B24 | 4-Traders
Technical analysis trends ZIJIN MINING GROUP CO., LT
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 3,90  CNY
Spread / Average Target -0,97%
EPS Revisions
Managers
NameTitle
Jian Hua Wang President & Executive Director
Shui Qing Lin Chairman-Supervisory Board
Jing He Chen Chairman
Hong Ying Lin Chief Financial Director & Financial Controller
Fu Sheng Lan Co-Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
ZIJIN MINING GROUP CO., LTD.17.66%12 368
FRANCO NEVADA CORP25.66%14 776
GOLDCORP INC.-9.86%11 359
RANDGOLD RESOURCES16.76%9 153
GOLD FIELDS LIMITED30.63%3 366
EVOLUTION MINING LTD10.38%3 042