Zijin Gold International (02259) Reports Approximately $905 Million in Net Profit for the First Three Quarters

Stock News
Oct 19

Zijin Gold International (02259) announced that for the nine months ending September 30, 2025, the group achieved gold production of 32 tons, generating revenue of $3.415 billion, with a net profit attributable to the parent company of approximately $905 million. For the first nine months of 2025, the group's all-in sustaining cost (AISC) was $1,574 per ounce, an increase from $1,458 per ounce in 2024, primarily due to a significant rise in gold prices, which led to a corresponding increase in the royalty fees based on gold prices. From January to June 2025, the Bogala Gold Mine's attributable gold production was 1,357 kg (not included in the group's production); from July to September 2025, the gold production attributable to the group from the Bogala Gold Mine was 767 kg (included in the group's production). This year, the company has successfully completed the acquisition and delivery of two major projects: the Akyem Gold Mine in Ghana and the Raygorodok Gold Mine in Kazakhstan, significantly increasing its gold resource reserves. These two mines have started contributing to production and profits, continuously enhancing investment returns. In the fourth quarter of 2025, the group will seize the favorable opportunity presented by rising gold prices to enhance production and efficiency, while continuing to strengthen cost control, optimizing the gold recovery rates at various mines, ensuring a smooth transition at the newly acquired Raygorodok Gold Mine in Kazakhstan, and creating greater value for shareholders.

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