Chinese company Zijin Mining has started trial production at Serbian world-class Čukaru Peki copper gold mine
Čukaru Peki Copper and Gold Mine Photo: Courtesy of Zijin Mining
Chinese mining company Zijin Mining on Wednesday announced the start of test production at the upper area of Serbian world-class copper gold mine Čukaru Peki, the test could be a precursor to Serbia becoming the second most major copper-producing country in Europe in the fourth quarter of 2021.
Zijin Mining purchased the mining rights for the upper area of the Čukaru Peki copper gold mine in March 2019 and purchased the mining rights for the entire mine in November of the same year.
The upper zone of the Serbian copper gold mine of Čukaru Peki reserves 1.28 million tonnes of copper and 81 tonnes of gold in total, with respective grades of 3% and 1.91 grams per tonne. The mine will process 3.3 million tonnes of ore and produce 91,000 tonnes of copper and 2.5 tonnes of gold per year.
A Zijin Mining representative told the Global Times on Thursday that construction of the mining facilities for the production of trails is expected to be completed by September. It only took less than three years from mine purchase to test production, which was a “mission impossible,” Zijin Mining said.
Serbian President Aleksandar Vucic said Zijin Mining’s investment in Serbia is essential for the local economy.
“With the help of Zijin Mining, the annual Serbian copper production will be increased to 18% of the total European copper production and the country will become the second largest copper producer in Europe,” Vucic was quoted in a published article. on the official website of Zijin Mining.