Last week, the Colombian President inaugurated the Buriticá Gold Mine that has now started production. According to a company press release, the production capacity is expected to reach 9 tonnes after a process of technical transformation.
The President, Ivan Duque, was present for the ceremony in person. Lan Hu, the Chinese Ambassador to Colombia and Chen Jinghe, the Chairman of Zijin Mining gave speeches via video and telephone.
Others who were present included: the Minister of Energy and Environment of Colombia, Governor of Antioquia Province, Mayor of Buriticá and Shen Shaoyang, Vice President of Zijin Mining attended the ceremony and delivered speeches.
President Duque said that the Buriticá Gold Mine is the most important project in the history of Colombian gold mining. “It is a new attempt to strategic investment of mining industry and the industrial model upgrade. It also contributes to Colombia’s environmental protection and economic development of society. The great value it creates is not only in infrastructure, ecological environment and social resources, but also in giving children in this area the opportunity to receive a better education and allowing local residents to enjoy better medical services. It will help local communities to restart the economy and restore people’s livelihood in the post-epidemic era,” read a Zijin Mining press release.
Duque said that this year is the 40th anniversary of the establishment of diplomatic relations between Colombia and China. Colombia has witnessed China’s economic take-off and rapid social development; therefore fully understands the importance of large-scale investment at the national level for economic growth. Now we are witnessing the the Colombian mining industry is opening a new chapter. The commissioning of the Buriticá Gold Mine marks a new journey for Colombia-China investment cooperation.
The Buriticá Gold Mine is a world-class ultra-high-grade large-scale gold mine with a total construction investment of US$610 million. It has 353 tonnes of gold resources and an average grade of 9.3 g/t. At present, the project has directly created more than 2,300 employment opportunities and 95% of the employees are Colombians, and the future employment opportunities will reach 3,700. As of press time, the cumulative annual output of the project is about 1.11 tonnes. It is expected to produce 2.18 tonnes of gold this year and 5.196 tonnes of silver.
During the ceremony, the pastor of Buritika City held a blessing ceremony on the spot. More than 50 people including project employees, collaborators, and invited community leaders witnessed the ceremony. Colombian National Television broadcasted the entire ceremony.