China Gold International posts record Q3 net profit, revenue surges

China Gold International Resources Corp. Ltd. reported a net profit of $142.3m for Q3 2025, a substantial increase from $27.9m in Q3 2024, achieving a new record for the highest quarterly net profit in two consecutive quarters. For the nine months ended September 30, 2025, net profit surged to $344.6m from a net loss of $3.0m in the same period of 2024. Revenue for Q3 2025 increased by 36% to $345.0m, and by 100% to $925.4m for the nine-month period, compared to $254.6m and $463.1m, respectively, in 2024.

Mine operating earnings for Q3 2025 rose to $197.0m from $46.8m in Q3 2024, and for the nine months, they increased to $474.1m from $64.8m. Total gold production decreased by 18% in Q3 2025 to 41,150 ounces but increased by 27% to 129,350 ounces for the nine months. Copper production increased to 42.3m pounds in Q3 2025 and 119.3m pounds for the nine months. The company's chairman and chief executive, Mr. Chenguang Hou, attributed the record profits to strategic decision-making and improved operational efficiency.

The company continues to advance its Jiama Mine with a long-term development plan to increase processing capacity, anticipating 44,000 tonnes per day once the Phase III tailings pond is operational by H1 2027. Despite nearing the end of its mine life, the CSH gold mine prioritizes slope stability and sustainable production. The company is actively conducting geological exploration in new areas near the Jiama Mine to delineate new resources and formulate a comprehensive expansion plan.