Two-year periphery prospecting starts at Zhazixi Antimony Mine in Hunan
2019-04-11 17:55:08 [Print]
Team 418 of Hunan Geological and Mineral Exploration and Development Bureau entered into an agreement with Anhua Zhazixi Mining Co., Ltd. for a two-year periphery prospecting of antimony and tungsten ore at Zhazixi Mine in Anhua country, Hunan.
Zhazixi Antimony Mine is a tapped mine with a century or more of history and now has a comprehensive mining and processing capacity of more than 5,000tpy of antimony, making it one of the biggest antimony mines in Hunan province and even in China. The stronger demand and tighter supply contributed to the signing of the agreement.
The periphery prospecting work is to find new antimony and tungsten ore resources and provide geological basis for next stage of geological prospecting work. The two companies are both responsible for the prospecting work which is expected to be completed by December 2020.
Zhazixi Antimony Mine is a tapped mine with a century or more of history and now has a comprehensive mining and processing capacity of more than 5,000tpy of antimony, making it one of the biggest antimony mines in Hunan province and even in China. The stronger demand and tighter supply contributed to the signing of the agreement.
The periphery prospecting work is to find new antimony and tungsten ore resources and provide geological basis for next stage of geological prospecting work. The two companies are both responsible for the prospecting work which is expected to be completed by December 2020.
Antimony Conc. 50%min Delivered China
Unit:RMB/mt Sb
China antimony ingot producers' sales to production ratio statistics by province by month
Unit: %
