Zijin News April 29^th, Zijin Mining released its first quarter of 2019 performance announcement. From January to March, the company achieved sales revenue of RMB 29.04 billion, total profit of RMB 1.43 billion, and net profit attributable to shareholders of RMB 870 million. The company's operating income and main business of mined gold, copper and zinc production both achieved year-on-year growth of more than 25%.

According to the first quarter report, Zijin's output of mined gold, copper and zinc was 9.7 tonnes, 84,000 tonnes and 94,000 tonnes respectively, up 27%, 42% and 26% respectively. The company's sales revenue increased by 27%. However, due to the significant decline in the prices of copper and zinc during the first quarter of this year, and new M&A projects' not being profitable during the transition period, the company's profits decreased by 210 million RMB year-on-year.

In the first quarter, Zijin focused on improving future increments, and made new breakthroughs by actively promoting major influential projects acquired. After the completion of Zijin Bor Copper Mine, a newly acquired project in 2018, the production and operation indicators gradually improved within three months and turned losses into profits in March. Serbian President Vucic and the Chinese embassy in Serbia highly praised the positive changes of the project. In addition, Zijin's Africa project achieved a new level of speed of "internationalization"- 4 months right after the big success of the 9-month construction of the Phase II copper and cobalt project of Kolwezi Copper Mine, its first qualified cathode copper plate rolled off the hydrometallurgical production line, becoming a large-scale copper mine with an annual output of 10,000 tonnes. Currently the company is preparing cobalt production soon.

À propos de Zijin Mining
Zijin Mining est une entreprise mondiale leader dans le secteur des métaux et de l'exploitation minière, et l'un des plus grands producteurs mondiaux d'or, de cuivre et de zinc. La société compte plus de 30 sites miniers et projets d'envergure répartis dans 19 pays sur 5 continents. Grâce à ses solides capacités internes en matière de recherche, d'ingénierie et de développement, Zijin maintient une efficacité opérationnelle élevée à moindre coût, tant pour les acquisitions que pour les opérations. Cette approche lui permet de se positionner en tant que leader de la création de valeur, guidée par une philosophie de développement pour tous et soutenue par des performances exemplaires en matière d'environnement, de responsabilité sociale et de gouvernance. Les actions de Zijin sont cotées à la Bourse de Hong Kong (HKEX : 2899) et à la Bourse de Shanghai (SSE : 601899).