Mining Intelligence and News
China

Qulong (Julong) Mine

Click for more information
Australia

Qulong (Julong) Mine

Location: 20 km SW from Maizhokunggar, China

Regional Office:

No. 1 Zijin Road, Shanghang County
Longyan
China
364200

Contacts:

Additional Resources for Suppliers & Investors

Categories

Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Molybdenum
  • Silver
  • Gold
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe Julong project (including the Julong Copper Mine and the Zhibula Copper Mine) has a world-class, large-scale, and low-grade porphyry copper-molybdenum deposit.

The Phase I project of the Julong Copper Mine has been put into operation. It is planned to implement the construction of Phase 2 and Phase 3 in stages.

Phase 2 upgrade and expansion project was approved by the relevant authorities, and construction is fully advancing; the project is planned to complete construction and commence production by the end of 2025.

Planning of phase 3 of the project is accelerating. If approved, it is expected to ultimately achieve an annual ore mining and processing volume of approximately 200 million tonnes and an annual mine-produced copper production of 600 thousand tonnes, making it the copper mine possessing the largest mining and processing scale with the lowest grade and situated at the highest altitude in the world.

Owners

SourceSource
CompanyInterestOwnership
Zangge Mining Co. Ltd. 30.78 % Indirect
Zijin Mining Group Co., Ltd (operator) 50.1 % Indirect
Shareholding structure: Tibet Zijin Mining Co., Ltd. (wholly owned subsidiary of the Zijin Mining Group), Zangge Mining Company Limited, Tibet Shengyuan Mining Group Corporation and Tibet Maizhokunggar Dapu Industrial and Trading Co., Ltd. own 50.1%, 30.78%, 10.12% and 9% equity interest, respectively.

In the beginning of 2025, Zijin Mining announced its proposed acquisition of the controlling power in Zangge Mining (000408.SZ). Its core assets include 30.78% interest in the Julong Copper Mine in Tibet. After completion of the acquisition, the Company’s controlling shareholding in the Julong Copper Mine will be enhanced.

Contractors

Lock

- subscription is required.

SourceSource

Deposit type

  • Porphyry
  • Skarn

Summary:

The Qulong porphyry-type copper and molybdenum deposit is located at the Gandise metallogenic belt of the Tethys-Himalayan metallogenic province, one of the main porphyry-type copper mine metallogenic provinces in the world. The existing Qulong Copper and Polymetallic Mine and the Rongmucuola Copper and Polymetallic Mine in the deposit are a complete porphyry-type copper deposit with a burial depth of 3 to 96m, which is generally a concealed to semi-concealed deposit. The deposit is east-west oriented with length of 2.27km, width of 1.50km from north to south in an oval shape. The ore is mainly structured by veinlet-disseminated orebody.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Heavy Mobile Equipment

Lock

- subscription is required.

EV - Electric
AV - Autonomous

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Commodity Production

CommodityUnits20252024202320222021
Copper t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Molybdenum t  ....  Subscribe  ....  Subscribe  ....  Subscribe
Silver kg  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Gold kg  ....  Subscribe  ....  Subscribe
All production numbers are expressed as metal in concentrate. ^ Guidance / Forecast.

Operational metrics

Metrics20242022
Daily ore mining rate  ....  Subscribe  ....  Subscribe
Daily processing capacity  ....  Subscribe  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Mine Financials

Units2024202320222021
Operating Income M RMB  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
After-tax Income M RMB  ....  Subscribe  ....  Subscribe
Operating Cash Flow M RMB  ....  Subscribe  ....  Subscribe

Aerial view:

Lock

- subscription is required.