China Shen Zhou's Subsidary Xiangzhen Resumed Ore Processing On April 15, 2012
BEIJING, April 16, 2012 /PRNewswire-Asia-FirstCall/ -- China Shen Zhou Mining & Resources, Inc. (" China Shen Zhou", or the "Company") (NYSE Amex: SHZ), a company engaged in the exploration, development, mining and processing of fluorite, barite, zinc, copper, and other nonferrous metals in China, today announced that Xingzhen Mining Co., Ltd. ("Xingzhen"), a subsidiary of China Shen Zhou located in Buerjin County, Xinjiang region, has resumed ore processing on April 15th after its winter break.
Xingzhen primarily engages in zinc and copper exploration, mining and processing. Its processing plant was previously suspended due to the severe winter weather, making its operation uneconomical. However, Xingzhen's Keyinbulake Mine continued mining during the time period when the processing plant was inactive, and currently has 20,000 metric tons of zinc ore and copper ready for processing.
Ms. Xiaojing Yu, CEO of China Shen Zhou, commented, "Xingzhen has overcome a few challenges in the past few years. Now that our processing plant is back on online, we are ready to resume production and improve operating efficiency. We will continue to manage our resources in accordance with market dynamics so as to add more value to the Company and our shareholders."
About China Shen Zhou Mining & Resources, Inc.
China Shen Zhou Mining & Resources, Inc., through its subsidiaries, is engaged in the exploration, development, mining, and processing of fluorite, barite and nonferrous metals such as zinc, lead and copper in China. The Company has the following principal areas of interest in China: (a) fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b)fluorite and barite extraction and processing in the Wuchuan County of Guizhou province (c)fluorite and barite extraction and processing in the Yanhe County of Guizhou province.(d)fluorite extraction and processing in Jingde County, Anhui Province; (e) zinc/copper/lead processing in Wulatehouqi of Inner Mongolia; and (f) zinc/copper exploration, mining and processing in Xinjiang. For more information, please visit http://www.chinaszmg.com/.Select the service that is right for you!
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