China Zijin Mining plans to expand refined copper output by 50pc

China’s Zijin Mining plans to expand its refined copper production by 50 per cent to 300,000 tonnes a year from 200,000 tonnes, the company’s chairman Chen Jinghe told an industry conference on Tuesday. The company said earlier in March that it plans to mine 100,000 tonnes of copper ore this year and smelt 124,800 tonnes. Zijin is China’s leading gold miner, producing 28.628 tonnes, or about 9.5 per cent of the country’s total mined output, in 2011.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1073123/china-zijin-mining-plans-expand-refined-copper-output