Zijin Mining's Output Could Grow Decently -- Market Talk

Dow Jones02-09 12:15

0415 GMT - Zijin Mining's output could continue to grow decently given its expansion plans for existing mines and mergers and acquisitions, Citi analysts say in a research note. Zijin is targeting to be among the world's top three miners by 2028 in terms of copper and gold output, stepping up from its previous target at being between the third and fifth ranking globally. The Chinese miner has also guided its 2026 copper and gold output at 1.20 million tons and 105 tons, respectively. While the gold output is largely in line with Citi's expectation, the copper output guidance is slightly lower, potentially due to the impact of the accident in the Kamoa mine in Congo in May 2025, they say. Zijin's H shares are last 4.2% higher at HK$40.74. (sherry.qin@wsj.com)

 

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February 08, 2026 23:15 ET (04:15 GMT)

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