On October 15, China’s Zijin Mining released its Q3 2021 report, which detailed a net profit of CNY11.3 billion for the first nine months of the year, the first time it has broken through the CNY10 billion mark. This equates to some $1.76 billion, meaning it is rapidly positioning itself among the global Tier 1 miners. The increase reflects major increases in both the volume of and price for its m...

Zijin News - On October 18th, a meeting was held at Zijin Mining to discuss its zinc business and to set out priorities in the field. It was concluded that Zijin must take effective measures to meet its annual production goals while zinc prices are rising. Zijin Mining is the largest zinc producer in China, with a strong edge in the development of low-grade zinc ore. Its core zinc mines that are i...

Zijin News - On 15 October, Zijin Mining released its Q3 financial report. In the first three quarters of 2021: l  Revenue reached RMB 169 billion, up 30% YOY and coming close to the group’s total revenue last year; l  Earnings totaled RMB 18.4 billion, up 149% YOY; l  Net profit attributable to shareholders of the parent company stood at RMB 11.3 billion, up 147% YOY, a record high; and l  Operat...