Zijin Mining posts strong Q3 results as gold production surges 20%

Zijin Mining Group Co., Ltd. reported a substantial increase in profit before tax of RMB55.65 billion for the nine months ended September 30, 2025, a 57.52% rise from the previous year. Net profit attributable to owners of the listed company grew by 55.45% to RMB37.86 billion, with basic earnings per share at RMB1.425. Total operating income reached RMB254.20 billion, an increase of 10.33%. These gains are attributed to strengthened production organization, operational management, and rising metal prices.

Mine-produced gold volumes for the first three quarters of 2025 amounted to 65 tonnes, marking a 20% increase year-over-year. Copper production also rose by 5% to 830 thousand tonnes. Notably, the newly acquired Akyem Gold Mine in Ghana contributed 3.2 tonnes of gold output within five months of acquisition. The company also successfully spun off Zijin Gold International for listing on the Hong Kong Stock Exchange, raising approximately HK$28.7 billion.

Strategic acquisitions, including Akyem Gold Mine and Raygorodok Gold Mine in Kazakhstan, have expanded resource reserves and are contributing to production. The Julong Copper Mine Phase 2 is expected to commence production by the end of 2025. Dividends of RMB2.2 per 10 shares, totaling RMB5.85 billion, were distributed for the six months ended June 30, 2025.