Mining Intelligence and News
Serbia

Bor Copper Complex

Click for more information

Categories

Overview

Mine TypeOpen Pit & Underground
StatusActive
Commodities
  • Copper
  • Gold
Mining Method
  • Truck & Shovel / Loader
  • Sub-level caving
Production Start... Lock
Mine Life... Lock
SnapshotBor Copper comprises 4 copper mines (JM, VK, NC and MS).

During 2023, the technological upgrade and expansion of smelter plant was completed.

Technological upgrade and expansion project of the JM Mine changed the mining method from the filling method to the caving method.
Related Asset

Owners

SourceSource
CompanyInterestOwnership
Zijin Mining Group Co., Ltd 63 % Indirect
Serbia Zijin Copper DOO (operator) 100 % Direct
Zijin Mining Group Co., Ltd through its wholly-owned subsidiary Serbia Zijin Mining holds 63% of Serbia Zijin Copper Mine. The government of Serbia holds approximately 37% equity interest.

Deposit type

  • Epithermal
  • Porphyry
  • Breccia pipe / Stockwork

Summary:

Ore deposit type - Porphyry.

Majdanpek porphyry copper deposit represents one of the largest copper reserve in Serbia. It is located in the northern part of the Timok Magmatic Complex (TMC), which is a part of a geological
framework that includes the Alpine – Balkan – Carpathian - Dinaride metallogenic - geodynamic province also referred to as the Carpatho - Balkan Magmatic Belt. The TMC complex in a lozenge shaped belt, almost 100 km in length in the direction north-south, up to 25 km of width, with a total area of around 1130 sq. km.

The Majdanpek deposit, with an average width of 300 m, is approximately 5 km in length. Weak copper mineralization (>0.1% Cu) was detected to a depth of at least 1 km. This deposit consists of porphyry copper-gold deposit with associated replacement deposits (skarns, mantos) and highsulphidation epithermal massive-enargite (gold) sulphide deposits. Mineralization typically occurs in a form of stockworks, within the metamorphic aureole of the andesitic dykes.

This deposit includes two major mining areas, i.e. two different copper deposits: North Revir and South Revir. Both deposits are studied and described in detail by Armstrong et al. (2005). South Revir is the largest deposit with significant mineralization and copper occurrence, the Cu-Au rich massive Knez Lazar body and a number of contact skarns. The second copper deposit "North Revir" contains three ore bodies: 1) Porphyry ore bodies: "Central ore body" and "Dolovi", 2) Cu pyrite ore bodies: "Dolovi 2" and "Stari Dušan" and 3) Polymetallic ore body Tenka. According to the Armstrong et al. (2005), it is characterized by the presence of polymetallic Pb Zn rich limestone with several smaller porphyry copper ore bodies.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Production

CommodityProductUnits20232022202120202019
Copper Cathode t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe43,550
Copper Total t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Gold Metal kg  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Operational metrics

Metrics2019
Annual processing capacity 18.2 Mt

Production Costs

Commodity production costs have not been reported.

Financials

Units20232022202120202019
Operating Income M RMB  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 3,678  
After-tax Income M RMB  ....  Subscribe  ....  Subscribe  ....  Subscribe 229.4  
Operating Cash Flow M RMB  ....  Subscribe  ....  Subscribe  ....  Subscribe -641.1  

Heavy Mobile Equipment

Lock

- subscription is required.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jun 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Jun 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Jun 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Jun 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Jun 4, 2024

EmployeesYear
...... Subscription required 2020
...... Subscription required 2018

Aerial view:

Lock

- subscription is required.