April 16, 2012
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
, 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
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.
, 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
. The Company has the following principal areas of interest in
: (a) fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b)fluorite and barite extraction and processing in the Wuchuan County of
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.
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