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China's Zijin Mining reported a 25.97% year-on-year increase in net profit attributable to shareholders for Q3, with a 51.93% rise for the first three quarters, primarily driven by higher prices for metals such as gold and copper.
Chinese mining giant Zijin Mining disclosed its Q3 2026 report on Friday, with net profit attributable to shareholders reaching 18.356 billion yuan in the third quarter, a year-on-year increase of 25.97%. Net profit attributable to shareholders for the first three quarters reached 57.526 billion yuan, a year-on-year increase of 51.93%. The company stated that the substantial increase in performance was mainly due to the significant rise in prices of its main metals and by-products, and a notable year-on-year improvement in gross profit margin for mineral products. Additionally, the company completed the acquisition of control over Chifeng Gold on October 22, 2026, further expanding its gold resource reserves.
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