Zijin Mining reports 175% jump in first half profit

Zijinshan gold-copper mine. (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)

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