Zijin Gold International (Stock Code: 02259) announced its interim profit for the period ending June 30 reached approximately USD 1.4 billion. This represents a 169% year-on-year increase from approximately USD 520 million in the same period last year. The Hong Kong-listed gold producer attributed the profit surge to increased gold production volumes, rising gold selling prices, and profit contributions from two recently acquired operating gold mines in Ghana and Kazakhstan.
Gold Production Increased to 27 Tonnes During Interim Period
The company reported gold production volumes rose to approximately 27 tonnes during the interim period, compared to approximately 19 tonnes in the first half of 2025 (excluding Porgera mine output). Gold selling prices also increased on a year-on-year basis during the period, contributing to revenue growth. The production volume increase represented a primary driver of the company's profit expansion in the first half of its fiscal year.
Acquired Mines in Ghana and Kazakhstan Contributed Profits
Two operating gold mine projects acquired by Zijin Gold International generated profits during the interim period. The Ghana Akyem gold mine transaction was completed in April, while the Kazakhstan Ridder gold mine transaction was completed in October. Both acquisitions produced positive impacts on the group's financial performance during the reporting period, according to the company's announcement.
FAQ
What was Zijin Gold International's interim profit for the period ending June 30?
Zijin Gold International reported interim profit attributable to shareholders of approximately USD 1.4 billion for the period ending June 30, representing a 169% increase from approximately USD 520 million in the same period last year.
How much gold did Zijin Gold International produce during the interim period?
The company produced approximately 27 tonnes of gold during the interim period, compared to approximately 19 tonnes in the first half of 2025 (excluding Porgera mine output). This production increase, combined with higher gold selling prices and profits from acquired mines in Ghana and Kazakhstan, drove the company's profit growth.