Stock Price Drop Doesn't Hinder Profitability! 'Mining Giant' Zijin Mining Earns Over 200 Million Yuan Daily in H1

Zijin Mining reported a net profit of approximately 39.1 billion yuan (about $513 million) for the first half of 2026, up 68% year-on-year, with non-recurring net profit of about 37.9 billion yuan (about $497 million), up 75%. The company expects to produce 47 tons of gold, 534,000 tons of copper, 200,000 tons of zinc (lead), and 229 tons of silver in the first half. Despite a stock price decline of over 18% due to metal price corrections, institutions such as Citigroup and Morgan Stanley remain bullish on its outlook.