Zijin Mining completes 25.85% stake purchase to gain control of Chifeng Gold

• Zijin Mining completed acquisition of a 25.85% stake in Chifeng Gold on October 22, gaining control of the gold producer.
• The acquisition expands the buyer's gold resource base through six gold mines and one polymetallic mine across China, Southeast Asia and West Africa.
• Chifeng Gold holds 583 tonnes of gold resources at an average grade of 1.54 grams per tonne.
• Net profit attributable to shareholders reached approximately RMB 3.1 billion in 2025, up 75% year-on-year.
• Planned integration targets exploration-led resource growth and operating improvements to increase production, reduce costs and boost profitability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zijin Mining Group Company Ltd. published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.