Zhongjin Lingnan 2019 Chronicle: the business of mining and smelting continues to expand when a number of projects are started or put into production

SMM1, March 13-Zhongjin Lingnan, one of the leading enterprises in the lead and zinc industry, is an international management company mainly engaged in the production of lead, zinc, copper and other non-ferrous metals. It was originally an enterprise affiliated to the central government, and has successively belonged to the China National Nonferrous Metals Industry Corporation and the State Nonferrous Metals Industry Bureau, and is now an enterprise in Guangdong Province. Zhongjin Lingnan has a large-scale lead-zinc silver mine in Asia-Fankou lead-zinc mine, and a large-scale lead-zinc smelter using closed blast furnace lead-zinc patent technology. Shaoguan smelter has a large-scale zinc smelter that adopts zinc oxygen pressure leaching process and comprehensively recovers rare and precious metals such as gallium and germanium in China-Danxia smelter and so on. At present, there are 13 mining and exploration projects in 5 countries around the world, and the company controls more than 10 million tons of metal resources such as lead, zinc, copper and other non-ferrous metals.

Its assets: Fankou lead-Zinc Mine, Guangxi Zhongjin Lingnan Mining Co., Ltd., Australia Pelia Company, Canada Global Star Mining Company, Shaoguan smelter, Danxia smelter, Shenzhen Huagari Aluminum Co., Ltd., Zhongjin Lingnan Technology Co., Ltd.

Looking back in 2019, Zhongjin Lingnan investment construction and other work continued to carry out, a number of projects started or put into production, the company's mining and smelting business continued to expand, investment in environmental protection is also increasing, in the face of technology also gained a lot.

Routine maintenance: the company stopped production and overhauled the lead ingot production line in early April 2019 and resumed production at the end of April.

Groundbreaking ceremony of Lingnan International Trade Center Project in Central Jin

On July 12, 2019, the groundbreaking ceremony of the Lingnan International Trade Center project was held at the tip of Lingshan Island, Pearl Bay, Nansha District, Guangzhou. On the project construction, Yu Gang put forward three requirements: first, to let "safety" become the background of the project construction, in the whole construction process, the safety management will be unremitting, to ensure foolproof; second, to let "quality" become the characteristics of the project construction, adhering to the construction goal of "seeking reputation by quality, winning praise by quality, creating efficiency by quality", and strive to build the project into a model project and a high-quality project in Nansha. Third, it is necessary to make "high efficiency" the norm of project construction. On the premise of "ensuring safety and quality", we should legally comply with regulations, further speed up the progress of project construction, and ensure the completion of construction tasks with high standards, high quality, and high efficiency.

It is reported that the project site is located in the Guangzhou Nansha Pearl Bay start area Lingshan Island prominent position, covers an area of about 15000 square meters, the total planned construction area of about 85000 square meters, a total investment of about 1 billion yuan, plans to build 5A Grade A office building, will become the Central Jin Lingnan Company International Trade Center and Financial Center.

Completion and commissioning of environmental protection project in Zhongjin Lingnan Shaoguan smelter

September 6, 2019, Zhongjin Lingnan Shaoguan smelter "Sintering Machine Ring flue Gas Ultra low Emission Technology Project" was officially completed and put into operation, with a total investment of more than 40 million yuan. "Organic amine cyclic absorption method to remove and recover SO2 from flue gas", lead-zinc pyrometallurgical industry ring collection flue gas dedusting and desulphurization technology, the project adopts ion liquid circulating absorption flue gas desulfurization technology. The desulfurization efficiency can reach 99.5%, and the desulfurization efficiency can be adjusted flexibly, which is of leading significance in the industry.

It is proposed to invest no more than 1.9 billion yuan to build the green upgrading project of zinc smelter slag in Danxia smelter.

On September 20, 2019, the 16th meeting of the eighth session of the Board of Directors of CICC Lingnan examined and agreed to invest in the construction of the "Green upgrading Project of Zinc smelter Slag in Danxia smelter". It is reported that the total investment in the project does not exceed 1.9 billion yuan. Self-raised and self-owned funds will be used for the construction of the project. The construction period of the main project is 1.5 years. This transformation project significantly improves the green smelting and environmental protection level of Danxia smelter. The project plans to adopt oxygen-enriched flash smelting and oxygen pressure leaching wet zinc smelting process, which can give full play to the advantages of lead-zinc combined smelting enterprises, replenish lead and zinc system slag into each other as raw materials, and form a complete production system, so as to effectively solve the problems of comprehensive recovery and waste slag treatment in Danxia smelter, and realize local transformation and harmless disposal of resources. We will improve the level of comprehensive utilization of enterprise resources and the level of environmental protection in green smelting.

Construction of tailing Resources Comprehensive recovery and Environmental treatment and Development Project in Zhongjinling Nanfankou lead-Zinc Mine

On the morning of October 30, 2019, the construction ceremony of the comprehensive recovery and environmental treatment and development project of tailings resources in Fankou lead-Zinc Mine in South China was solemnly held. The project of comprehensive recovery and environmental treatment of tailings resources in Zhongjinling Nanfankou lead-Zinc Mine consists of three sub-items: pre-disposal of raw ore, full recovery and utilization of fine-grained tailings and upgrading of filling system. Among them, the construction scale of the original mine pre-dumping project is 2500 tons / day, the total recovery and utilization of fine-grained tailings is 1100 tons / day, and the construction scale of the filling system upgrading project is 2200 tons / day. The construction period of the project is two and a half years, in which the construction period of the original mine pre-abandoned project is one year. After the implementation of the project, Fankou lead-Zinc Mine will realize the "zero" discharge of mineral processing tailings, which will lay a solid foundation for the smooth withdrawal of the tailings reservoir in 2025.

Laboratory of Zhongjinling Nanfankou Mine quality Control Center won CMA qualification Certificate

On October 28, 2019, the Laboratory of Zhongjin Lingnan Fankou Mine quality Control Center was awarded the CMA qualification certificate issued by Guangdong Provincial Market Supervision Administration, indicating that the quality inspection and testing level of Zhongjinling Nanfankou Mine has reached a new level.

CICC invests in the construction of Dominican Mining Company with no more than US $296 million

On November 25, 2019, Zhongjin Lingnan issued a notice agreeing to invest no more than US $296 million in the construction of the Dominican Mining Company Maimeng Mine with an annual production capacity of 2 million tons. The design and construction scale of the project is a total of 2 million tons / year of ore in the south and north ore deposits, and the service life of the mine is 19 years. Production of zinc concentrate, copper concentrate and associated gold, silver, annual production concentrate total zinc metal content of about 32000 tons, copper metal content of about 26000 tons, gold about 890kg, silver about 24 tons. The total investment of the project will not exceed US $296 million, equivalent to about 2.091 billion yuan, which will use self-raised and self-owned funds for the construction of the project.

After the completion of this project, Maimeng Mine will become a large domestic zinc and copper mine in Dominica. Dominica is located in Central America. The successful operation of the project will establish a good image for Central Gold Lingnan in the Americas. It is conducive to building the Dominican Mining Company into a platform for controlling the resources of Central Gold Lingnan in the Americas and speeding up the development process of the multi-metal internationalization company.

It is proposed to publicly issue not more than 3.8 billion yuan of convertible bonds to be invested in four projects such as mining and separation of Maimeng Mine.

On the evening of December 3, Zhongjin Lingnan issued a preliminary announcement on the public issuance of convertible corporate bonds, in which the total amount of convertible bonds to be issued does not exceed 3.8 billion yuan. After deducting the issuance fee, 1.73 billion yuan will be used for the 2 million tons annual mining and separation project of the Maimeng Mine of the Dominican Mining Company, and 1.41 billion yuan for the green upgrading project of zinc smelter slag in Danxia smelter. 160 million yuan was used for the technical transformation project of resource utilization of mining waste rock in Fankou lead-Zinc Mine, and 500 million yuan was used to supplement the working capital.

Saines Environmental Protection and Central Gold Lingnan strong Joint Exploration of "one-stop" New Model of Environmental Protection Housekeeping

Recently, Saines Environmental Protection Co., Ltd. and Shenzhen Zhongjin Lingnan Nonferrous Metals Co., Ltd. signed a strategic cooperation agreement at the headquarters of Zhongjin Lingnan. This time, the two sides have joined forces in strategic cooperation to further deepen cooperation in scientific research and application fields such as resource recovery of waste acid wastewater, reuse of mineral processing water, and zero discharge, and jointly explore a new "one-stop" environmental protection butler model for mining, separation and metallurgy in the non-ferrous metal industry, so as to protect the green development of non-ferrous metal enterprises.

CICC Lingnan wins "Top of the year Award for listed companies in Guangdong, Hong Kong and Macao Dawan area 2019"

Recently, at the 2019 Annual meeting and Corporate Social responsibility Summit of listed companies in the Dawan area of Guangdong, Hong Kong and Macao, CICC Lingnan won the "2019 Top Award of the year for listed companies in the Dawan area of Guangdong, Hong Kong and Macao." this award benefits from the active practice of social responsibility by Zhongjinling South for a long time, the creation of economic value with high-quality development, the promotion of enterprise development with technological innovation, the return of the community with enthusiasm for public welfare, and the protection of green waters and green mountains by caring for the environment. Safe production to cast a safe and strong enterprise, highlighting the responsibility and responsibility of state-owned enterprises.