Zijin opens new company in Serbia  

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**New Company in Serbia**

A new company has been founded in Serbia by two , Zijin Mining from Bor and Sino-Zijin Resources from Beijing. The company is called Malka Golaja Mining .o.o.

The main activity of the company will be ferrous, non-ferrous, and precious metal ores. The total basic capital of the company is 120,000 dinars (approximately 1 ). The of the company is a Chinese citizen named Yongding .

**Who Owns the Company?**

The two Chinese companies are behind the founding of Malka Golaja Mining d.o.o. Zijin Mining owns 95% of the company, while Sino-Zijin Resources has 5%.

Sino-Zijin Resources was established in August 2020 with initial capital of 520 million yuan.

**The Name and Its Significance**

The name Malka Golaja is significant because it bears the same name as a newly discovered copper and gold deposit. The deposit, located km of the Cukaru Peki mine, contains an estimated 2.81 million tons of copper and 92 tons of gold.

Read More @ n1info.rs

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