Riding the wave of surging gold and copper prices, Zijin Mining's profit soared by nearly 20 billion yuan.

In 2025, as copper and gold prices continue to hit historic highs, Zijin Mining is undoubtedly the "big winner."

On December 31, Zijin Mining released its 2025 earnings forecast, projecting net profit attributable to shareholders at about 51–52 billion yuan, an increase of approximately 18.9–19.9 billion yuan from the previous year, representing a year-on-year growth of about 59%–62%.

Looking ahead, the market remains optimistic about copper and gold.

Benefiting from AI's surging demand for computing power, copper—as a core infrastructure material—remains at a high level. Goldman Sachs expects the average price for 2026 to reach $11,400/ton.

Due to factors such as monetary policy uncertainty, gold prices may continue to rise. Yardeni Research President Ed Yardeni predicts that by the end of 2029, the gold price will reach the $10,000 mark.

However, the World Gold Council gave a risk warning of gold price correction under extreme scenarios: if the global economy recovers beyond expectations, interest rates keep rising, and the US dollar returns to strength, gold may face a correction pressure of 5% to 20%.

Zijin Mining plans to continue ramping up production next year, aiming for gold and copper ore output in 2026 of 105 tons and 1.2 million tons, respectively, which would represent an increase of 15 tons and 110,000 tons compared to 2025.

Its confidence in ongoing expansion is based on Zijin Mining's global presence, with major mining investments in 17 countries overseas.

In 2025, Zijin Mining further enhanced its layout in global core metallogenic belts by acquiring the Raygorodok gold mine in Kazakhstan.

However, developing overseas projects certainly faces challenges in cross-cultural communication.

Recently, under the organization of the World Gold Council, Xin Feng visited Zijin Mining’s Zijinshan Gold and Copper Mine and discussed overseas market developments with relevant personnel from Zijin Mining.

According to Zijin Mining’s introduction to Xin Feng, the core challenges of cross-cultural communication focus on language barriers, differences in thinking, and conflicts in customs. For example, in the early stage of the Serbian project, Chinese and Serbian employees had differing views on work methods and management philosophy, while African projects encountered labor management issues related to local tribal cultures.

To address this, Zijin Mining has built a cross-cultural labor communication system from various perspectives, such as respecting customs and localizing employment.

For example, the Serbian project adjusts shift schedules for religious holidays and holds family open days; the Musonoi project in Congo (DRC) organizes summer camps for employees’ children for consecutive years, eliminating cultural barriers through daily life details. Zijin adopts a localized employment strategy, facilitating skill development and cultural exchanges through activities like “Zijin Deep Dive” training camps and trips to China for outstanding foreign employees, ensuring equal development opportunities for employees of different backgrounds.

In 2025, Zijin Mining not only set a new company record but also further solidified its status as a mining giant in China and even globally.

With the prices of gold, copper, and other non-ferrous metals continuing to rise, Zijin Mining’s 2026 performance is attracting increasing attention.

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