BRIEF: Zijin’s Kamoa copper mine halts production after seismic events
Zijin Mining Group Co. Ltd. (2899.HK; 601899.SH) announced last Friday its Kamoa-Kakula copper mine, located in the Democratic Republic of Congo (DRC), has suspended underground operations in its Kakula section…
BRIEF: Xinxu Copper gets China’s approval for Nasdaq IPO
China’s securities regulator on Tuesday approved the planned Nasdaq IPO by Xinxu Copper Industry Technology Ltd., according to a statement on the China Securities Regulatory Commission’s (CSRC) website saying the…
BRIEF: Zijin profit surges 51% in 2024
Metals miner Zijin Mining Group Co. Ltd. (2899.HK) said on Tuesday that it earned a profit of about 32 billion yuan ($4.4 billion) last year, up 51.5% year-on-year. Its net…
Zijin Mining’s prospects glitter on acquisitions, rising gold and copper prices
China’s leading gold and copper miner has also gotten a lift from low interest rates and could benefit from growing demand for electricity with the rise of EVs and AI…
FAST NEWS: CMOC’s profit surges on strong sales growth
The Latest: CMOC Group Ltd. (CMOC) (3993.HK; 603993.SH) on Friday estimated it would report an adjusted net profit, which excludes non-recurring gains and losses, of between 5.38 billion ($742 million)…
FAST NEWS: CMOC’s Half-year Profit Doubles as Sales Volume and Prices Rise
The latest: China Molybdenum Co. Ltd. (CMOC) (3993.HK; 603993.SH) released a positive earnings alert Thursday, estimating net profit after deduction of non-recurring gains and losses for the first half of 2022 was between…
FAST NEWS: Beijing Approves CMOC’s Large-Scale African Mining Project
The latest: China Molybdenum Co. Ltd. (CMOC) (3993.HK; 603993.SH) announced Tuesday that the company's plan to develop a $2.51 billion TFM copper and cobalt mixed mine in the Democratic Republic of…
