Zijin Mining : (H Share)Announcement in relation to the Approval from the CSRC for the Issuance of Renewable Corporate Bonds

Zijin Mining Group Co., Ltd.* (the "Company") has recently received the "Reply in relation to the Approval for the Public Issuance of Renewable Corporate Bonds of Zijin Mining Group Co., Ltd.* to Qualified Investors" (Zhengjian Xuke [2016] No. 2622) issued by the China Securities Regulatory Commission (the "CSRC"). The relevant approval matters are as follows:

1. The Company was approved to publicly issue renewable corporate bonds with an aggregate face value of not more than RMB5 billion to qualified investors;

2. The renewable corporate bonds shall be issued by tranches. The initial issuance shall be completed within 12 months from the date of the approval. The issuance of the remaining tranches of the bonds shall be completed within 24 months from the date of the approval;

3. The issuance of the renewable corporate bonds should be executed strictly in accordance with the prospectus filed to the CSRC;

4. The reply shall be valid for a period of 24 months from the date of the approval;

5. If there is any significant event occurring to the Company during the period from the date of the approval to the end of the issuance of the renewable corporate bonds, the Company should report it in a timely manner and handle it in accordance with the relevant provisions.

The Company will seek favourable timing to issue the renewable corporate bonds according to its capital needs and market conditions, and make information disclosure in a timely manner according to the relevant provisions.

This announcement is made on a voluntary basis.

Fujian, the PRC, 18 November 2016

*The Company's English name is for identification purpose only