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Last CNY4.83 CNY
Change Today -0.29 / -5.66%
Volume 465.1M
601899 On Other Exchanges
Symbol
Exchange
Hong Kong
OTC US
Shanghai
OTC US
Frankfurt
As of 3:05 AM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

zijin mining group co ltd-a (601899) Snapshot

Open
CNY5.09
Previous Close
CNY5.12
Day High
CNY5.17
Day Low
CNY4.75
52 Week High
06/1/15 - CNY7.49
52 Week Low
07/8/14 - CNY2.11
Market Cap
88.9B
Average Volume 10 Days
520.7M
EPS TTM
CNY0.11
Shares Outstanding
15.8B
EX-Date
--
P/E TM
44.6x
Dividend
CNY0.08
Dividend Yield
1.66%
Current Stock Chart for ZIJIN MINING GROUP CO LTD-A (601899)

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zijin mining group co ltd-a (601899) Details

Zijin Mining Group Company Limited, a mining conglomerate, engages in the exploration, mining, processing, refining, production, and sale of gold, other non-ferrous metals, and other mineral resources in Mainland China. The company primarily produces gold bullion under the ZIJIN brand name; gold, copper, zinc, tungsten, lead, and iron concentrates; and copper cathodes, zinc bullion, vitriol, copperplate, silver, tin, etc. It owns 236 mining rights with a total area of 794.8719 square kilometers; and 244 exploration rights with a total area of 3,873.36 square kilometers. The company also provides mineral resources technology support, geological mining transportation, mining pit design and research, and gold transaction agency services, as well as mineral resources and geological exploration, and its information technology services. In addition, it is involved in the sale of mineral products; environmental protection; real estate development; lease of construction machinery and equipment; and tourism development and hotel investment businesses. The company was formerly known as Fujian Zijin Mining Industry Company Limited and changed its name to Zijin Mining Group Company Limited in June 2004. Zijin Mining Group Company Limited was founded in 1986 and is headquartered in Shanghang, the People’s Republic of China.

23,224 Employees
Last Reported Date: 03/20/15
Founded in 1986

zijin mining group co ltd-a (601899) Top Compensated Officers

President, Executive Director and Chairman of...
Total Annual Compensation: CNY4.1M
Chairman, Chairman of Strategic & Execution C...
Total Annual Compensation: CNY3.1M
Chief Engineer, Standing Vice President, Exec...
Total Annual Compensation: CNY2.0M
Vice Chairman, Deputy General Manager of Gene...
Total Annual Compensation: CNY2.0M
Vice Chairman and Member of Audit & Internal ...
Total Annual Compensation: CNY1.4M
Compensation as of Fiscal Year 2014.

zijin mining group co ltd-a (601899) Key Developments

BHP, Teck Resources Reportedly Among Suitors For Zaldivar Mine

BHP Billiton Limited (ASX:BHP) and Teck Resources Limited (TSX:TCK.B) are among companies entering the final round of bidding to acquire a stake in Zaldivar copper mine in Chile from Barrick Gold Corporation (TSX:ABX), Bloomberg reported citing people familiar with the matter. Zijin Mining Group Co. Ltd. (SEHK:2899) is in the race for the asset, which is expected to be valued at at least $2 billion, the people said, asking not to be identified as the information is private. Barrick is seeking a buyer for 50% of the mine, while some of the suitors are interested in buying the whole asset, two people said. A final decision on the winner is likely to be reached in July, 2015, they said. Spokesmen for Barrick, BHP and Teck declined to comment. A representative for Zijin Mining didn’t respond to requests for comment.

Ivanhoe Mines Ltd., Zijin Mining Group Co. Ltd. - Special Call

To discuss details of the Kamoa strategic co-development agreement with Zijin Mining Group

Barrick Gold Corporation Announces Strategic Partnership with Zijin Mining Group Co. Ltd

Barrick Gold Corporation announced that it has formed a strategic partnership with Zijin Mining Group Co. Ltd. As a first step, Zijin will acquire 50% of Barrick (Niugini) Limited ("BNL"), the company which owns 95% of and manages the Porgera Joint Venture gold mine in Papua New Guinea. In addition, Barrick and Zijin have signed a long-term strategic cooperation agreement which outlines the intent of both companies to collaborate on future projects and joint investments, leveraging the strengths of each company. Zijin and Barrick recognize the significant potential that exists at Porgera. Combining Barrick's experience and track record of operating success in Papua New Guinea with Zijin's strong cost management capabilities will help to unlock the full value of this mine for the benefit of all stakeholders. As part of the strategic cooperation agreement, Barrick and Zijin will explore long-term opportunities to collaborate on future projects. Substantial synergies and value may be realized by bringing to Barrick the expertise and relationships that Zijin offers, including low- cost capital from Chinese institutions, leading Chinese engineering and construction skills, and Chinese machinery, equipment and other critical suppliers that meet world-class standards of quality at competitive costs. BNL will continue to honor its contracts with local suppliers at the Porgera Joint Venture. As opportunities for major projects arise in the future, Barrick and Zijin may agree to develop the mine together if it is considered in the best interests of both companies.

 

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601899:CH CNY4.83 CNY -0.29

601899 Competitors

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Company Last Change
Antofagasta PLC 683.50 GBp -6.00
First Quantum Minerals Ltd C$16.32 CAD -0.55
Goldcorp Inc C$20.30 CAD +0.02
Newcrest Mining Ltd A$12.73 AUD -0.29
Newmont Mining Corp $23.36 USD -0.17
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Industry Analysis

601899

Industry Average

Valuation 601899 Industry Range
Price/Earnings 49.5x
Price/Sales 1.7x
Price/Book 3.9x
Price/Cash Flow 35.7x
TEV/Sales 0.8x
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