Zijin Mining reports 175% jump in first half profit

(Image courtesy of Zijin Mining)

Chinese miner Zijin Mining Group Co Ltd said on Friday that its net profits in the first half of the year surged 174.6% on an annual basis thanks to global economic recovery and robust metals demand.

In the first half of the year, the gold and copper producer earned 6.6 billion yuan ($1.02 billion), it said in a filing to the Shanghai Stock Exchange.

($1 = 6.4615 Chinese yuan renminbi)

(By Min Zhang and Meg Shen; Editing by Kirsten Donovan)

Comments

Your email address will not be published. Required fields are marked *

No comments found.

{{ commodity.name }}

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now