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The Majdanpek open pit, which is located in south-east Serbia, 180 kilometres from Belgrade, is one of Zijin Bor Copper's four mining operations. Majdanpek uses a traditional flotation process to produce copper concentrates, with a designed mining and processing scale of 10 million tonnes per year, and currently an actual scale of 6Mt/y.

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This report contains 2 open pit models, 6 underground mine models, 11 mill models, and cost equations for access roads, power lines, and tailings ponds. In addition, adjustment factors for variation in haulage distances are provided for open pit models and variation in mining depths for underground models. INTRODUCTION

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