Zijin Mining (SHA:601899, HKG:2899) announced that it received on 9 May 2012 a Notice of Administrative Penalty Decisions issued by the China Securities Regulatory Commission (CSRC). The CSRC considered that on 3 July 2010, the leakage of the waste water at the Zijinshan Copper Mine hydro-metallurgical plant, a branch of the company, caused a serious pollution to the quality of water at its nearby downstream of Ting River and made a great damage to the local environment.

The CSRC has: warned and ordered the company to rectify, and imposed a fine of RMB300,000; warned Chen Jinghe with a fine of RMB100,000; warned Luo Yingnan and Zou Laichang with a fine of RMB50,000 for each party; and warned Liu Xiaochu, Lan Fusheng and Huang Xiaodong.

Source:chinesestock.org