On July 14, Zijin Mining released the preannouncement that its net profit attributable to shareholders in 1H 2015 is expected to grow about 20% according to preliminary calculations. The earnings growth is mainly driven by 1) business measures taken to downsize, increased productivity and efficiency, and reduced costs; 2) cutting costs in our smelting business; and 3) hedging gains. These measures have served to counteract the decline in metal prices.

About Zijin Mining
Zijin Mining is a leading global metals and mining company and one of the world’s largest producers of gold, copper, and zinc. The company has more than 30 large-scale mining operations and projects across 19 countries on 5 continents. Leveraging strong in-house research, engineering, and development capabilities, Zijin maintains high operational efficiency and low costs in both acquisitions and operations. This enables the company to be an industry leader in value creation, underpinned by its philosophy of pursuing development for all and sustained by superior environmental, social, and governance performance. Zijin’s shares trade on the Hong Kong Stock Exchange (HKEX: 2899) and the Shanghai Stock Exchange (SSE: 601899).