Zijin Mining reports record profit growth in first half of 2025

Zijin Mining Group announced a profit before tax of RMB34.5 bn for the first six months of 2025, a 60% increase compared to the same period last year. Net profit attributable to owners of the parent rose 54% to RMB23.3 bn, with total operating income reaching RMB167.7 bn, up 11.50%. The company’s gross profit margin for mine-produced products improved to 60.23%, a 3 percentage point increase year-on-year, benefiting from both volume and price increases, as well as cost optimization.

Mine-produced copper output increased by 9% to 570,000 tonnes, mine-produced gold by 16% to 41 tonnes, and mine-produced silver by 6% to 224 tonnes. The company also produced 200,000 tonnes of mine-produced zinc (lead) and 7,315 tonnes of lithium carbonate equivalent. This strong performance led to an improvement in market value, with A-share and H-share prices increasing by approximately 31% and 44% respectively.

The company completed the acquisition of controlling power in Zangge Mining and acquired the Akyem Gold Mine in Ghana, further strengthening its resource base. Zijin Mining is actively advancing its spin-off and listing of the overseas gold segment, with the application submitted to the Hong Kong Stock Exchange on June 30, 2025. This initiative aims to enhance the valuation of its gold business and achieve its goal of becoming a "green, high-tech, first-class global mining company" by 2028.