2018 Environmental, Social and Governance Report
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Conflict Minerals Report for 2019, We Have Completed Our Analysis of The
Conflict Minerals Report For 2019, we have completed our analysis of the suppliers for Amazon electronic devices, fashion and apparel, and other consumer products that fall within the scope of the applicable rules (collectively, in-scope products). A majority of these suppliers certified that they: did not use gold, tin, tungsten, or tantalum in parts or components for our in-scope products; did not source these minerals from the Democratic Republic of the Congo or an adjoining country, referred to as the DRC region; or sourced these minerals from a smelter or refiner that complies with a responsible mineral sourcing validation program such as the Responsible Minerals Assurance Process. The remaining suppliers are still completing investigations of their supply chains. As discussed in the Conclusion, for 2019, we identified no suppliers that were sourcing minerals through a supply chain that benefitted armed groups in the DRC region. Pursuant to the Securities and Exchange Commission’s conflict minerals rules, we designed our due diligence on the source and chain of custody of the gold, tin, tungsten, and tantalum in our in-scope products in accordance with the OECD’s Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Third Edition, and the related Supplements on Tin, Tantalum and Tungsten and on Gold. We undertook the steps described below as part of our due diligence process: Establish strong company management systems We are committed to avoiding the use of minerals that have fueled conflict, and we expect our suppliers to support our efforts to identify the origin of gold, tin, tungsten, and tantalum used in products that we manufacture or contract to manufacture. -
Zijin Mining Group Co Ltd
GOLD BARS Supplement 10/2013 ZIJIN MINING GROUP CO LTD GOLD BAR MANUFACTURER IN CHINA Zijin Mining Group Co Ltd, the largest gold producer in China, has its international headquarters in Fujian Province at Shanghang, which is located 200 km north west of the city of Xiamen. It has two main gold refining and cast bar manufacturing plants: Gold Refinery of Zijin Mining Group Co Ltd (Shanghang, Fujian Province – East China) Luoyang Zijin Yinhui Gold Refining Co Ltd (Luoyang, Henan Province – South Central China) Zijin Mining has its international headquarters in Fujian Province The company’s minted bars are manufactured in Xiamen at a factory that at Shanghang. is part of Zijin Mining Group Sales (Xiamen) Co Ltd. It is China’s largest gold producing company. Fujian Province, which faces the Strait of Taiwan, has a population of 36 million. Xiamen is on the coast, 600 km north-east of Hong Kong. ACCREDITATION Gold Refinery of Zijin Mining Group Co Ltd 2006 London Bullion Market Association (LBMA) 2002 Shanghai Gold Exchange (SGE) Luoyang Zijin Yinhui Gold Refining Co Ltd 2002 Shanghai Gold Exchange (SGE) OWNERSHIP Zijin Mining Group Co Ltd is a state-owned public company. The major shareholder is Shanghang Minxi Xinghang State-Owned The company manufactures Shanghai Good Delivery bars (since Property Investment Company (28.96%). 2002) and London Good Delivery bars (since 2006). The company is listed on the Hong Kong Stock Exchange (2003) and Shanghai Stock Exchange (2006). RANGE OF GOLD BARS The company manufactures an extensive range of “standard” and “non-standard” bars. “Standard” bars are defined as those that are London or Shanghai “good delivery”. -
Zijin Mining Group Co
ANNOUNCEMENT UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2013 The board of directors (the “Board”) of Zijin Mining Group Co., Ltd.* (the “Company”) announces the unaudited interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2013 (the “reporting period”). This announcement has been reviewed and passed by the Board and the audit committee. The following unaudited consolidated financial information was prepared in accordance with China Accounting Standards for Business Enterprises (“CAS”) and the related laws and regulations. 1 1. GROUP’S FINANCIAL STATEMENTS (AS PREPARED IN ACCORDANCE WITH CAS) In this report, unless otherwise indicated in the context, the currency is RMB. CONSOLIDATED BALANCE SHEET For the six months ended 30 June 2013 30 June 2013 31 December 2012 (Unaudited) (Audited) ASSETS RMB RMB Current assets Cash and cash equivalents 5,924,598,444.07 7,473,400,807.00 Held-for-trading financial assets 686,775,434.48 670,943,265.00 Bills receivable 414,128,600.72 575,499,815.00 Trade receivables 1,360,259,021.08 841,494,264.00 Prepayments 1,123,772,280.27 957,976,115.00 Other receivables 1,655,821,442.72 1,524,884,888.00 Inventories 9,987,329,794.86 11,602,493,132.00 Other current assets 669,436,916.85 687,006,618.00 Total current assets 21,822,121,935.05 24,333,698,904.00 Non-current assets Available-for-sale investments 329,041,159.56 576,013,498.00 Held-to-maturity investments Long-term equity investments 4,514,860,192.12 4,410,652,450.00 Investment properties 48,070,339.35 -
What Is the Benefit for Serbia in the Sale of RTB Bor Or Chinese Zijin? Authors
FAVOURED FRIEND: What is the benefit for Serbia in the sale of RTB Bor or Chinese Zijin? Authors: Igor Novaković Nemanja Todorović Štiplija Legal Consultant: Vladimir Međak Peer Reviewers: Russel Hsiao, Executive Director Global Taiwan Institute Tinatin Khidasheli, Chairperson of Civic Idea and Former Georgian Minister of Defence Dariia Mykhailyshyna, Economist Center for Economic Strategy Ukraine Technical Support: Vukašin Živković Design and Prepress: Bratislav Bojić This publication was produced by the Center for Contemporary Policy (CCP), Belgrade, Serbia, with support from the Center for International Private Enterprise (CIPE), Washington D.C. The document does not reflect the opinions of CIPE or any of its employees. CIPE is not responsible for the accuracy of any of the information included in the report. TABLE OF CONTENT Executive Summary .................................................................... 6 Introduction ................................................................................. 8 2009-2020: China-Serbia Cooperation ................................11 Case Study: RTB Bor Before Zijin’s takeover ....................... 18 Issue no. 1: Tender trouble for privatizing RTB Bor .....................................19 Issue no. 2: The Strategic Partnership Agreement between the Republic of Serbia, RTB Bor and Zijin Mining Group – Legal Analysis .......................................................................................................25 Issue no. 3: RTB Bor under Chinese ownership – Government Indolence -
The Mineral Industry of China in 2016
2016 Minerals Yearbook CHINA [ADVANCE RELEASE] U.S. Department of the Interior December 2018 U.S. Geological Survey The Mineral Industry of China By Sean Xun In China, unprecedented economic growth since the late of the country’s total nonagricultural employment. In 2016, 20th century had resulted in large increases in the country’s the total investment in fixed assets (excluding that by rural production of and demand for mineral commodities. These households; see reference at the end of the paragraph for a changes were dominating factors in the development of the detailed definition) was $8.78 trillion, of which $2.72 trillion global mineral industry during the past two decades. In more was invested in the manufacturing sector and $149 billion was recent years, owing to the country’s economic slowdown invested in the mining sector (National Bureau of Statistics of and to stricter environmental regulations in place by the China, 2017b, sec. 3–1, 3–3, 3–6, 4–5, 10–6). Government since late 2012, the mineral industry in China had In 2016, the foreign direct investment (FDI) actually used faced some challenges, such as underutilization of production in China was $126 billion, which was the same as in 2015. capacity, slow demand growth, and low profitability. To In 2016, about 0.08% of the FDI was directed to the mining address these challenges, the Government had implemented sector compared with 0.2% in 2015, and 27% was directed to policies of capacity control (to restrict the addition of new the manufacturing sector compared with 31% in 2015. -
2020 Conflict Minerals Report
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report O-I GLASS, INC. (Exact name of registrant as specified in its charter) Delaware 1-9576 22-2781933 (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) file number) Identification No.) One Michael Owens Way, Perrysburg, Ohio 43551 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (567) 336-5000 Mary Beth Wilkinson (567) 336-5000 (Name and telephone number, including area code, of the person to contact in connection with this report.) Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies: ☒ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2019. Section 1 - Conflict Minerals Disclosure Item 1.01 Conflict Minerals Disclosure and Report A copy of the Conflict Minerals Report for O-I Glass, Inc. (the “Company”) is provided as Exhibit 1.01 hereto and is publicly available at www.o-i.com. The term “Company,” as used herein and unless otherwise stated or indicated by context, refers to Owens-Illinois, Inc. and its affiliates (“O-I”) prior to the Corporate Modernization (as defined below) and to O-I Glass, Inc. and its affiliates (“O-I Glass”) after the Corporate Modernization. On December 26 and 27, 2019, the Company implemented the Corporate Modernization (“Corporate Modernization”), whereby O-I Glass became the new parent entity with Owens-Illinois Group, Inc. -
The Mineral Industry of Australia in 2012
2012 Minerals Yearbook AUSTRALIA U.S. Department of the Interior February 2015 U.S. Geological Survey THE MINERAL INDUSTRY OF AUSTRALIA By Pui-Kwan Tse Australia was subject to volatile weather in recent years Government Policies and Programs that included heavy rains and droughts. The inclement weather conditions affected companies’ abilities to expand The powers of Australia’s Commonwealth Government are their activities, such as port, rail, and road construction and defined in the Australian Constitution; powers not defined in the repair, as well as to mine, process, manufacture, and transport Constitution belong to the States and Territories. Except for the their materials. Slow growth in the economies of the Western Australian Capital Territory (that is, the capital city of Canberra developed countries in 2012 affected economic growth and its environs), all Australian States and Territories have negatively in many counties of the Asia and the Pacific region. identified mineral resources and established mineral industries. China, which was a destination point for many Australian Each State has a mining act and mining regulations that mineral exports, continued to grow its economy in 2012, regulate the ownership of minerals and the operation of mining although the rate of growth was slower than in previous years. activities in that State. The States have other laws that deal with As a result, Australia’s gross domestic product (GDP) increased occupational health and safety, environment, and planning. at a rate of 3.1% during 2012, which was higher than the All minerals in the land are reserved to the Crown; however, 2.3% rate of growth recorded in 2011. -
Jiangxi Copper Company Limited Multi-Metal Combined RGG and RSG Compliance Report (Year 2019)
Jiangxi Copper Company Limited Multi-metal Combined RGG and RSG Compliance Report (Year 2019) Jiangxi Copper Company Limited 29 April 2020 Contents Introduction................................................................................................................. 2 1. Company Profile ..................................................................................................... 3 2. Compliance Overview ............................................................................................ 4 Step 1: Establish Strong Company Management Systems ......................................... 4 Step 2: Identify and Assess Risks in the Supply Chain .............................................. 6 Step 3: Design and Implement Strategy to Respond to Identified Risks .................... 10 Step 4: Carry out Independent Third-Party Audit of Refiner's Due Diligence Practices11 Step 5: Report Annually on Supply Chain Due Diligence ........................................ 12 3. Management Conclusion ..................................................................................... 12 4. Others .................................................................................................................... 13 5. Appendixes ........................................................................................................... 13 5.1 Countries of Origin of Annex for the Year 2019 ............................................... 13 5.2 Independent Limited Assurance Report .......................................................... -
ZIJIN COMPLETES ACQUISITION of GUYANA GOLDFIELDS Toronto, Ontario / Fujian, China (August 25, 2020) – Zijin Mining Group Co., Ltd
ZIJIN COMPLETES ACQUISITION OF GUYANA GOLDFIELDS Toronto, Ontario / Fujian, China (August 25, 2020) – Zijin Mining Group Co., Ltd. (SSE: 601899) (SEHK: 2899) (“Zijin”) and Guyana Goldfields Inc. (TSX: GUY) (“Guyana”) are pleased to announce the completion of the previously announced statutory plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) involving Guyana, Zijin and 12049163 Canada Inc. , an indirect wholly‐owned subsidiary of Zijin (the “Purchaser”), following receipt of all required regulatory approvals and satisfaction of all closing conditions. Pursuant to the Arrangement, the Purchaser acquired all of the issued and outstanding common shares of Guyana (the “Shares”) not already owned by Zijin. Each Guyana shareholder is entitled to receive cash consideration of C$1.85 per Share held. Further details of the Arrangement are set out in Guyana’s management information circular dated June 26, 2020 (the “Circular”). Registered Guyana shareholders should send their completed and executed letters of transmittal and certificates representing their Shares to the depositary, TSX Trust Company, in accordance with the instructions contained in the letter of transmittal, as soon as possible in order to receive the consideration to which such shareholders are entitled pursuant to the Arrangement. A copy of the Circular and the letter of transmittal were filed on SEDAR on July 3, 2020 and can be found under Guyana’s profile at www.sedar.com. The letter of transmittal can also be found on Guyana’s website at www.guygold.com. Guyana and Zijin expect the Shares to be delisted from the Toronto Stock Exchange within one to three business days. -
Annual Report
ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2020 For the year ended 31 December 2020, the Group realised operating income of RMB171.501 billion, representing an increase of 26.01% compared with the same period last year (2019: RMB 136.098 billion). For the year ended 31 December 2020, the Group realised profit before tax of RMB10.846 billion, representing an increase of 55.51% compared with the same period last year (2019: RMB6.974 billion). For the year ended 31 December 2020, the Group realised net profit attributable to owners of the listed company of RMB6.509 billion, representing an increase of 51.93% compared with the same period last year (2019: RMB4.284 billion). As at 31 December 2020, the Group’s total assets was RMB182.313 billion, representing an increase of 47.23% compared with the beginning of the year (beginning of the year: RMB123.831 billion). As at 31 December 2020, the Group’s net assets attributable to owners of the listed company was RMB56.539 billion, representing an increase of 10.46% compared with the beginning of the year (beginning of the year: RMB51.186 billion). The Board of Directors proposed the profit distribution plan for the year ended 31 December 2020: a final cash dividend of RMB1.2 per 10 shares (tax included). The profit distribution proposal for the year ended 31 December 2020 is subject to the approval at the shareholders’ general meeting. 1 The Board of Directors of Zijin Mining Group Co., Ltd.* is pleased to announce the audited consolidated annual results of the Company and its subsidiaries (collectively referred to the “Group”) for the year ended 31 December 2020. -
2020 Appendix I Smelter List
APPENDIX I Smelter List Metal Smelter Name Smelter Location Country Gold 8853 S.p.A. ITALY Gold Abington Reldan Metals, LLC UNITED STATES OF AMERICA Gold Advanced Chemical Company UNITED STATES OF AMERICA Gold Aida Chemical Industries Co., Ltd. JAPAN Gold Al Etihad Gold Refinery DMCC UNITED ARAB EMIRATES Gold Allgemeine Gold-und Silberscheideanstalt A.G. GERMANY Almalyk Mining and Metallurgical Complex Gold (AMMC) UZBEKISTAN Gold AngloGold Ashanti Corrego do Sitio Mineracao BRAZIL Gold Argor-Heraeus S.A. SWITZERLAND Gold Asahi Pretec Corp. JAPAN Gold Asahi Refining Canada Ltd. CANADA Gold Asahi Refining USA Inc. UNITED STATES OF AMERICA Gold Asaka Riken Co., Ltd. JAPAN Gold Atasay Kuyumculuk Sanayi Ve Ticaret A.S. TURKEY Gold AU Traders and Refiners SOUTH AFRICA Gold Aurubis AG GERMANY Gold Bangalore Refinery INDIA Bangko Sentral ng Pilipinas (Central Bank of the Gold Philippines) PHILIPPINES Gold Boliden AB SWEDEN Gold C. Hafner GmbH + Co. KG GERMANY Gold C.I Metales Procesados Industriales SAS COLOMBIA Gold Caridad MEXICO Gold CCR Refinery - Glencore Canada Corporation CANADA Gold Cendres + Metaux S.A. SWITZERLAND Gold CGR Metalloys Pvt Ltd. INDIA Gold Chimet S.p.A. ITALY Gold Chugai Mining JAPAN Gold Daye Non-Ferrous Metals Mining Ltd. CHINA Gold Degussa Sonne / Mond Goldhandel GmbH GERMANY Gold DODUCO Contacts and Refining GmbH GERMANY Gold Dowa JAPAN Gold DSC (Do Sung Corporation) KOREA, REPUBLIC OF Gold Eco-System Recycling Co., Ltd. East Plant JAPAN Gold Eco-System Recycling Co., Ltd. North Plant JAPAN Gold Eco-System Recycling Co., Ltd. West Plant JAPAN Gold Emirates Gold DMCC UNITED ARAB EMIRATES Gold GCC Gujrat Gold Centre Pvt. -
China Molybdenum Co (3993 HK)
China Thursday , 25 January 2018 INITIATE COVERAGE BUY China Molybdenum Co (3993 HK) An Emerging Global Mining Giant; Riding On Cobalt And Copper Momentum Share Price HK$5.97 China Molybdenum Co has evolved into one of the world’s leading mining Target Price HK$6.78 companies with diversified resources exposure. We forecast 40%+ EPS CAGR in Upside +13.0% 2017-20, given: a) our positive view on copper and cobalt in the medium to long term, b) the likelihood of tungsten and molybdenum’s high-margin advantage COMPANY DESCRIPTION persisting, and c) the niobium and phosphate segments providing stable cash flows. Initiate coverage with BUY and target price of HK$6.78 on DCF life-of-mine valuation. China Molybdenum Co is a mineral mining and exploration company engaged in the Copper: Positive outlook in the medium term on solid fundamentals. From a global mining and processing of molybdenum, perspective, we favour copper among base metals for the next 2-3 years given: a) supply tungsten, copper, cobalt, niobium and constraint due to under-investment, mines’ grade declines and elevated mine strike risks; phosphate minerals. and b) demand supported by traditional consumption and rising adoption of electric vehicles (EV). We expect LME copper prices to stay high at US$7,000-7,200/tonne in STOCK DATA 2018-20. China Molybdenum Co (CMOC) owns two world-class copper mines Tenke GICS sector Materials Fungurume Mining S.A (Tenke) and Northparkes Mine (Northparkes) with a combined Bloomberg ticker: 3993 HK mined copper production of 240k-260k tpa. Shares issued (m): 3,933.5 Market cap (HK$m): 200,112.6 Cobalt: Riding on EV momentum.