Zijin Mining's stock surged 8.03% during early intraday trading on Monday, as rising commodity prices fueled a strong rebound in the mining sector.
The sharp increase was driven by a simultaneous rally in both copper and gold prices. London copper approached $13,624 per tonne while international gold prices hit a new stage high, creating what analysts describe as a "copper-gold dual-line resonance" that is benefiting resource stocks across the board.
Zijin Mining, which had previously corrected approximately 34% from its highs, is experiencing a recovery rally as commodity prices stabilize. The movement reflects broader sector momentum, with peers in the gold sector also posting significant gains during the trading session.
Comments