HK Stock Market Move | Zijin Mining Group (02899) rose more than 3%, with expected growth in net profit attributable to shareholders in 2025 to be around 59% - 62% compared to the previous year.
Zijin Mining (02899) rose more than 3%, rising by 3.51% to 36.6 Hong Kong dollars at the time of writing, with a turnover of 642 million Hong Kong dollars.
Zijin Mining Group (02899) rose more than 3%, as of press time, it rose 3.51% to 36.6 Hong Kong dollars, with a turnover of 6.42 billion Hong Kong dollars.
On the news front, on December 30, Zijin Mining Group released its performance forecast for 2025, expecting to achieve a net profit attributable to shareholders of about 51-52 billion yuan for the year, a year-on-year increase of about 59%-62%, reaching a new historical high. In 2025, the company's main products continue to increase in volume, with gold production increasing by 23.5% to 90 tons year-on-year, and copper production increasing by 2% to 1.09 million tons. The company pointed out that according to the disclosure in this announcement, its production in 2026 will continue to grow rapidly: gold production will be 105 tons, copper production will be 1.2 million tons, equivalent lithium carbonate will be 120,000 tons, and silver production will be 520 tons. If this target is achieved on schedule, the gold production will exceed 100 tons two years ahead of the original plan.
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