Zijin Mining Finds Gold and Copper Deposit in China

23 September 2009 (Last Updated September 23rd, 2009 18:30)

Zijin Mining Group has discovered an 80,000t gold and copper deposit in China's Fujian Province. The deposit was found during its exploration of the Zijinshan mineral basin and has been reported to the Fujian Provincial Department of Land and Resources, according to the Fujian Daily<

Zijin Mining Group has discovered an 80,000t gold and copper deposit in China's Fujian Province.

The deposit was found during its exploration of the Zijinshan mineral basin and has been reported to the Fujian Provincial Department of Land and Resources, according to the Fujian Daily.

The Fujian Provincial Department of Land and Resources is evaluating the deposit and development proposal as part of its assessment prior to giving a mining licence to Zijin Mining, Interfax-China reports.

The deposit is estimated to consist of 13.55 million tonnes of mineral ore resources, including 81,200t of copper.