(Dec 31): Zijin Mining Group Co is planning double-digit growth for its gold and copper production in 2026, after surging prices and expanding operations propelled annual profit to another record. In 2026, Zijin Mining will target mined gold and copper output at 105 tonnes and 1.2 million tonnes respectively, it said in a statement. The company aims to achieve a yearly 100-tonne gold output target two years ahead of schedule, it said in a separate statement on WeChat. Acquisitions of gold mines in Ghana and Kazakhstan and expansion at its Julong copper mine in China’s Tibet region have driven production growth, it added. Its recently spun-off gold unit, Zijin Gold International Co, said in a separate statement that estimated net income surged as much as 233% to US$1.6 billion (RM6.49 billion) in 2025.

Source: The Edge Markets December 31, 2025 05:12 UTC