Zijin Mining Group (02899) expects to achieve a half-year net profit attributable to the parent company of approximately 1.4 billion US dollars, an increase of about 169% year-on-year.

date
18:26 09/07/2026
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GMT Eight
Zijin Mining (02899) has announced that the group is expected to achieve a profit attributable to owners of the parent company of approximately 1.4 billion US dollars for the six months ending on June 30, 2026 (reporting period), an increase of approximately 880 million US dollars compared to the same period last year, representing a year-on-year increase of approximately 169%.
Zijin Mining Group (02899) announced that the Group is expected to achieve a net profit attributable to the owners of the parent company of approximately USD 1.4 billion for the six months ending on June 30, 2026 (the reporting period), an increase of approximately USD 880 million compared to the same period last year, representing a year-on-year growth of approximately 169%. The main reasons for the increase in performance for this period: an increase in gold production During the reporting period, the production of gold ore increased to approximately 27 tons compared to the same period in 2025 (approximately 19 tons excluding the production of the Porgera gold mine); the good market conditions and merger and acquisition factors resulted in a year-on-year increase in the sales price of gold ore. Additionally, the two producing gold projects, the Akyem gold mine in Ghana and the Ruyterk gold mine in Kazakhstan, which were delivered in April and October 2025 respectively, achieved profitability during the reporting period, positively impacting the Group's performance.