Zijin
    Quick access
    Headquarters
    China
    Stock Exchange Listings
    SSE: 601899 - HKEX: 02899
    Workforce
    Employees: 19,226 (31/12/2018)
    Contract workers: Not reported (31/12/2018)
    Total: Not reported (31/12/2018)
    Geographic Footprint
    Producing countries: 7
    Known tax jurisdictions: 11
    Revenues (in BUSD)
    Total Revenue: 15.416 (31/12/2018)
    Net Income: 0.681 (31/12/2018)
    State Ownership
    China: 34.47
    2017 Fatalities
    Total worker fatalities: Not reported
    • Employees: 0
    • Contract workers: Not reported
    Others: Not reported
    2018 Fatalities
    Total worker fatalities: Not reported
    • Employees: Not reported
    • Contract workers: Not reported
    Others: Not reported
    Home countries, where the company is headquartered
    Producing countries, where the company has mining operations
    Mine sites selected for mine-site-level assessment

    Summary of Results


    Research for the RMI Report 2020 was conducted in multiple languages (Chinese, English, French, Indonesian, Portuguese, Russian and Spanish). Nevertheless, very little relevant information was found on Zijin’s policies and practices relating to EESG issues, and the company did not participate in the company-review period. RMF is therefore unable to comment on this company.

    Overall results

    Economic Development

    0.71 / 6.002020
    0.70 / 6.002018

    Business Conduct

    1.05 / 6.002020
    0.50 / 6.002018

    Lifecycle Management

    0.28 / 6.002020
    0.13 / 6.002018

    Community Wellbeing

    0.11 / 6.002020
    0.10 / 6.002018

    Working Conditions

    0.53 / 6.002020
    0.66 / 6.002018

    Environmental Responsibility

    0.66 / 6.002020
    0.57 / 6.002018

    Average Mine-Site Score

    4.4%2020
    2020
    0.71
    score / 6
    2018
    0.70
    score / 6

    Economic Development

    2020
    1.05
    score / 6
    2018
    0.50
    score / 6

    Business Conduct

    2020
    0.28
    score / 6
    2018
    0.13
    score / 6

    Lifecycle Management

    2020
    0.11
    score / 6
    2018
    0.10
    score / 6

    Community Wellbeing

    2020
    0.53
    score / 6
    2018
    0.66
    score / 6

    Working Conditions

    2020
    0.66
    score / 6
    2018
    0.57
    score / 6

    Environmental Responsibility

    2020
    4.4
    %

    Average Mine-Site Score

    Compare with 2018 results

    Results per measurement area

    Commitment

    (9 indicators)

    Action

    (42 indicators)

    Effectiveness

    (20 indicators)

    Results per indicator

    Economic Development

    Mine-site Results

    Mine sites selected for individual assessment (but not included in the overall company score)
    KolweziMalipoPorgeraTaldybulak LevoberezhnyZeravshan
    Local Employment
    (score /3)    		0.00.02.00.50.0
    Local Procurement
    (score /3)    		0.00.01.00.00.0
    Post-Closure Plans
    (score /3)    		0.00.01.00.00.0
    Community Grievances
    (score /3)    		0.00.00.50.00.0
    Worker Grievances
    (score /3)    		0.00.00.00.00.0
    Air Quality
    (score /3)    		0.00.00.00.00.0
    Water Quality
    (score /3)    		0.00.01.00.00.0
    Water Quantity
    (score /3)    		0.00.01.00.00.0
    Tailings Management
    (score /3)    		0.00.0-0.00.0
    Emergency Preparedness
    (score /3)    		0.00.00.00.00.0
    Mine-site Score
    (%)    		0.00.024.11.70.0

    Operational mine sites

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining types
    Ashele-China51CopperUnknown
    Deerni-China100CopperUnknown
    Dongping-China60GoldUnknown
    Duobaoshan-China100CopperUnknown
    KolweziNyoka, Lac, MusonoieDRC72CopperOpen-pit
    Kyzyl-Tash Turk-Russian Federation70Zinc, LeadOpen-pit, Underground
    Liba-China84.22GoldUnknown
    Malipo-China74.26TungstenOpen-pit, Underground
    Miaogou & Sanguikou-China95Copper, LeadUnknown
    PaddingtonEnterprise, Homestead, Bullant, WattlebirdAustralia100GoldOpen-pit, Underground
    Porgera-Papua New Guinea47.5GoldOpen-pit, Underground
    Shanggong-China70GoldUnknown
    Shuguang-China100Copper, GoldUnknown
    Shuiyindong-China56GoldUnderground
    Taldybulak Levoberezhny-Kyrgyzstan60GoldUnderground
    Wulagen-China100Zinc, LeadUnknown
    ZeravshanZarafshanTajikistan75GoldOpen-pit, Underground
    Zijinshan-China100Copper, GoldUnknown

    Closed mine sites (known)
    (controlled assets under care & maintenance, closure or post-closure management)

    Mine Site NameAliasesCountryCompany's share (%)ProductsMining typesYear of closure
    Bullabulling-Australia100GoldOpen-pit, Underground1998
    Mount Morgan-Australia100Copper, GoldUnderground, Tailings Leach1991

    Tailings (known)

    NameCountryStatusConstruction MethodImpact-based hazard category (company-reported)
    Not ReportedUnknownNot ReportedNot ReportedNot Reported

    Shareholders (known)

    As of: 31/12/2018Shares (%)
    MinxiXinghang State-owned Investment & Operation Co., Ltd.25.88%
    HKSCC Nominees Limited24.80%
    The BNY Mellon Corporation3.95%
    China Securities Finance Corporation Limited3.00%
    Van Eck Associates Corporation1.77%
    BlackRock, Inc.1.77%
    Van Eck Vectors ETF - Van Eck Vectors Gold Miners ETF1.75%
    Bosera Asset Management Co., Ltd. (National Social Security Fund 108)1.72%
    China-Africa Development Fund1.40%
    Newhuadu Industrial Group Co., Ltd.1.25%
    Central Huijin Asset Management Co., Ltd.0.83%
    China Asset Management Co., Ltd.0.73%
    Dacheng Fund Management Co., Ltd.0.72%
    HuaRong RuiTong Equity Investment Management Co., Ltd.0.70%
    Hong Kong Securities Clearing Company Limited0.65%

    Beneficial Owners (known)

    As of: 31/12/2018Shares (%)
    Chen Jinghe0.48
    Lan Fusheng0.03
    Zou Laichang0.01
    Lin Hongfu0.01
    Fang Qixue0.01
    Lin Hongying0.01
    Lin Shuiqing0.01
    Liu Wenhong0.01

    Subsidiaries (known)

    As of: 31/12/2018Country
    AltynkenKyrgyzstan
    Bayannaoer ZijinChina
    Bor CopperSerbia
    Capital Investment CompanyChina
    Chongli ZijinChina
    Evergreen New EnergyChina
    Finance CompanyChina
    Fujian Longhu FisheryChina
    Gold Eagle MiningHong Kong
    Gold Mountains (H.K.)Hong Kong
    Guizhou Funeng ZijinChina
    Guizhou ZijinChina
    Haixia TechnologyChina
    Heilongjiang Duobaoshan Copper Co., LtdChina
    Henan JindaChina

    Tax Jurisdictions (known)

    Australia

    Barbados

    Canada

    China

    DRC

    Hong Kong

    Kyrgyzstan

    Papua New Guinea

    Russian Federation

    Serbia

    Tajikistan

    Investor / State Disputes
    (since 2014)

    No case

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    Disclaimer

    The findings, conclusions and interpretations within this RMI Report 2020 do not necessarily represent the views of funders, trustees, and employees of the Responsible Mining Foundation (RMF), and others who participated in consultations and as advisors to the report.

    This report is intended to be for information purposes only and is not intended as promotional material in any respect. The report is not intended to provide accounting, legal, tax or investment advice or recommendations, neither is it intended as an offer or solicitation for the purchase or sale of any financial instrument. In order to fully understand the methodology of the RMI Report 2020, the respective sections on the website should be consulted.

    The RMI Report 2020 seeks evidence of companies’ policies and practices on economic, environmental, social and governance (EESG) issues, but does not seek to measure the actual outcomes achieved on EESG issues. Results are based only on evidence sourced from the public domain or provided by companies as open data. Whilst this information is believed to be reliable, no guarantee can be given that it is accurate or complete, nor does it preclude the possibility that policies and practices may exist, but which the RMI Report 2020 has not been able to consider for purposes of assessment. In this respect, the results of the low-scoring companies do not necessarily reflect a lack of relevant policies and practices; as they may be due to a lack of public reporting by the companies, limitations in accessing information, and/or any difficulties in accessing the RMI company portal.

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