Zijin Mining net profit surges 52% amid strong production

Zijin Mining Group (HKEX:2899) reported a 51.76% surge in net profit attributable to owners, reaching RMB32.051 billion for the year ended December 31, 2024, compared to RMB21.119 billion the previous year. Operating income increased 3.49% to RMB303.640 billion. The company attributed the strong performance to increased production volumes of key minerals, including copper and gold, and effective cost control measures. Mine-produced copper reached 1.07 million tonnes, and gold production hit 73 tonnes.