Zijin Mining Projects Double-Digit Growth in Gold and Copper Production for 2026
Zijin Mining Targets Record Gold and Copper Output Amid Surging Commodity Prices
Zijin Mining Group Co., China’s largest mining company, has announced plans for double-digit growth in gold and copper production in 2026, following a year of record profits driven by soaring commodity prices and expanded operations.
The company reported that estimated net income for 2025 surged as much as 62% to 52 billion yuan ($7.4 billion), fueled by all-time high prices for copper, gold, and silver. The preliminary earnings were released late Tuesday.
Looking ahead, Zijin Mining aims to produce 105 tons of gold and 1.2 million tons of copper in 2026, representing a year-on-year increase of 17% and 10%, respectively. The company expects to reach its annual 100-ton gold production target two years ahead of schedule.
Growth has been supported by acquisitions of gold mines in Ghana and Kazakhstan, as well as expansion at the Julong copper mine in China’s Tibet region.
Zijin’s recently spun-off gold unit, Zijin Gold International Co., also recorded strong performance, with estimated net income rising as much as 233% to $1.6 billion in 2025.
Shares of Zijin Mining have more than doubled this year, reaching a record high, and were up 3.2% at HK$36.50 as of Wednesday morning in Hong Kong trading.
Zijin Mining’s outlook reflects its strategic focus on expanding production, leveraging high commodity prices, and accelerating growth through international acquisitions and domestic mine development.
