Underground development at Timok Copper and Gold Mine of Zijin Mining in Serbia enters zone of high-grade ore
Underground development at -80 level of the initial mining area of the Upper Zone of Timok Copper and Gold mine owned by Zijin Mining in Serbia enters zone of high-grade ore, allowing highly-productive stoping operations to begin in high-grade zones.
The sulphide-copper-bearing mineral in the high-grade ore is mainly covellite, with a small percentage of enargite and chalcopyrite, and the rest is mainly pyrite. The average grade for copper is 9.23%, and 6.23 g/t for gold. The location of the intersection and the grades are consistent with those perceived in the original design.
The Timok Copper and Gold project is one of the world’s top 10 undeveloped high-grade, super-large copper-gold mines. It has an Upper Zone and a Lower Zone. The indicated and measured resources in the Upper Zone total 1.21 million tonnes grading 2.71% copper, and 76 tonnes of gold at an average grade of 1.7g/t, with an ultra-high-grade orebody at the top. It is expected to produce over 79,000 tonnes of copper per annum after the project reaches its full capacity, with a designed throughput of 3.3Mtpa. Phase 1 of the project is expected to complete construction and become operational by the end of Q2 2021.
Latest news
Construction starts at the Highfield Muga Potash Mine in Aragon, Spain
Initial construction work starts at the Muga Mine after receiving the construction licence in Aragón.
LOTTE Chemical and Sasol Chemicals exploring collaboration to develop materials for electric vehicle batteries
Sasol and LOTTE Chemical have agreed to conduct a pre-feasibility study of a joint project to build, own and operate a plant to produce battery-grade electrolytesolvents.
Emerson and Neste Engineering Solutions to Optimize Fintoil Biorefinery Operations in the port of Hamina-Kotka, Finland
Automation software and advanced digital technologies to maximize performance at world’s third-largest crude tall oil biorefinery, accelerating transition to cleaner fuels
Planning application submitted for Quantafuel’s new plastics upcycling plant in Sunderland, UK
It will be the first plant of its kind in the UK, chemically recycling plastic waste to produce a substitute oil for fossil oil, reducing CO2emissions by around 50% compared to incineration. This o...