Zijin Mining Net Profit Shoots up in First Half on Well-behaved Metals

Published: Jul 21, 2017 11:53

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Zijin Mining Co.’s net profit belonging to listed shareholders jumped 179% on a yearly basis to 1.5 billion yuan in the first half of 2017, according to its earnings reported.

SHANGHAI, Jul. 21 (SMM) - Zijin Mining Co.’s net profit belonging to listed shareholders jumped 179% on a yearly basis to 1.5 billion yuan in the first half of 2017, according to its earnings reported.

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The company, engaging mainly in exploration, mining, production and smelting of gold and other mineral resources, capitalized on higher metals prices. And its copper and zinc sales increased year-on-year. Moreover, its non-recurring profit also posted big gains.

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