On June 10, Zijin Mining fell 3.13% in regular trading, trading at HK$29.54/share, with trading volume of HK$583 million. The decline was driven by multiple headwinds including a sharp retreat in international gold prices below the $4,300/oz level and mounting operational risks in the Democratic Republic of Congo.

On the commodity front, spot gold broke below $4,300/oz for the first time since March 23, dipping as low as $4,268.02/oz intraday, as strong US non-farm payroll data repriced Fed rate expectations. LME copper also fell 2.78% to $13,517/ton, compounding pressure on Zijin's dual gold-copper revenue streams.

Meanwhile, Congo's Ebola outbreak has reached 550 confirmed cases with 101 deaths, raising concerns over Zijin's Congo operations which account for approximately 27% of the company's copper output. Additionally, Congo recently added lithium to its strategic mineral list, raising royalty fees from 3.5% to 10%, significantly increasing cost pressure on Zijin's Manono lithium project.

Within the Gold sector, the broad selloff hit peers heavily: Chifeng Gold down 7.02%, Lingbao Gold down 7.09%, Zijin Gold International down 6.73%, Zhaojin Mining down 6.0%, and SD Gold down 4.99%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)