According to a report from China Securities, Zijin Mining (02899) posted robust financial results for Q3 2025, buoyed by rising gold and copper prices. The company's operating revenue reached CNY 86.49 billion, marking an increase of 8.1% year-on-year, while net profit attributable to shareholders surged 57.1% year-on-year to CNY 14.57 billion, reflecting a quarter-on-quarter increase of 11.0%. Notably, gold production significantly exceeded the annual planned targets, although copper production experienced a quarter-on-quarter decline due to issues at the KK Copper Mine in the Democratic Republic of the Congo. The company is actively working on the resumption of operations in the eastern section of the Kamoa Mine. The report highlights that on September 30, Zijin Gold International (02259) successfully listed on the Hong Kong Stock Exchange, setting multiple records for mining company IPOs. As the controlling shareholder of Zijin Gold International, the company stands to benefit from significant future growth and potential value re-evaluation to enhance overall market value. The acquisition of 100% interest in the Raygorodok Gold Mine in Kazakhstan by Zijin Gold International, through its wholly-owned subsidiary, has met all the stipulated conditions for delivery or waivers, and the transaction was completed on October 10, 2025. Zijin Gold International now holds full ownership of the Raygorodok Gold Mine.