Zijin Mining Overseas Mining Investments by Output

Zijin Mining’s overseas mines supplied at least 57% of its mined gold and about 48% of its mined copper in the first half of 2026, going by the eight overseas gold mines and four overseas copper mines named in its interim results filed with the Hong Kong exchange on 23 August 2026. The largest overseas gold mine by output was Buriticá in Colombia, and the largest overseas copper mine was Čukaru Peki in Serbia.

This page ranks those mines, explains how Zijin built the portfolio abroad, lists the stock codes and listed subsidiaries, and answers what happened to Prime Mining, the second company in the old title of this page. It states facts only. It is not investment advice, and it gives no share prices or targets.

Zijin Mining overseas mines ranked by output

Zijin reports “mined gold” and “mined copper” for each mine in two ways: the full mine output, and the part that belongs to Zijin after its ownership share is applied (the attributable basis). The table ranks the eight overseas gold mines named in the interim report by full mine output for the six months to 30 June 2026. One kilogram is about 32.15 troy ounces.

Together these eight mines produced 26,761 kg of the group’s 46,702 kg of mined gold, or 57.3%. Two named mines in China, Longnan Zijin (3,797 kg) and Shanxi Zijin (2,583 kg), and a group of smaller mines (13,561 kg) make up the rest, so the true overseas share could be higher. The ranking changes on the attributable basis: Akyem (3,387 kg) comes first, ahead of Norton (3,224 kg) and Rosebel (3,066 kg), because Zijin owns only 58.97% of Buriticá.

Overseas copper is smaller in number but large in tonnes. Four named mines gave 257,789 tonnes of the group’s 534,407 tonnes of mined copper in the same period, or 48.2%. The Kamoa figure is the attributable share only.

How we chose and ranked the mines

We used one source for the numbers: the production tables in Zijin’s unaudited interim announcement for the six months to 30 June 2026. We counted a mine as overseas if it sits outside mainland China, and we ranked by full mine output because that is the figure Zijin lists first. We then showed the attributable figure beside it, so you can see how ownership changes the order.

Three limits apply. The figures are half-year, not annual, and they are unaudited. Zijin groups many smaller mines into “other mines”, so the named list is a floor, not a total. And the interim report gives no mine-level profit, so this ranking says nothing about which mine earns the most.

Which overseas gold mines produce the most

The chart shows the same eight mines in tonnes. The spread is narrow: the top five sit between 3.3 and 4.2 tonnes for the half-year, which fits the strategy of owning many mid-sized mines instead of one very large one.

Chart

Zijin overseas gold mines by mined gold, full-mine output

Tonnes of mined gold, six months to 30 June 2026 (full mine, not Zijin’s share)

Zijin’s full-year 2025 gold output was 90 tonnes, up 23%, a rise it attributes mainly to the Akyem mine in Ghana and the Raygorodok mine in Kazakhstan (Ghana News Agency, March 2026). For scale, the USGS Mineral Commodity Summaries 2026 puts world mine production at about 3,300 tonnes in 2025 (estimate), so Zijin’s 90 tonnes is roughly 2.7% of the world total. The two numbers are not on exactly the same basis, because Zijin reports consolidated output and USGS counts by country, so treat the share as a guide.

On ranking, the sources disagree on method, not on facts. In its interim report Zijin says it ranks first among global gold enterprises on the Forbes Global 2000 list. By 2025 gold output, MINING.COM ranked Zijin fourth, after Newmont, Agnico Eagle and Barrick Mining.

Overseas copper: Serbia and the Congo

Serbia is Zijin’s biggest overseas copper base. Čukaru Peki is a high-sulphidation epithermal and porphyry copper-gold mine in Bor, owned 100% by Zijin, with an upper zone in production and a lower zone under construction (Zijin key projects page). Zijin says Čukaru Peki and the nearby Bor mine produced 296,000 tonnes of copper and 9.1 tonnes of gold together in 2025, which makes it the second-largest copper producer in Europe, and that expansion aims at 450,000 tonnes a year. Zijin owns 63% of Bor (Zijin key projects page).

Chart

Zijin mined copper by mine, first half

Thousand tonnes, six months to 30 June 2026; Kamoa is Zijin’s attributable share; Julong, Duobaoshan and Zijinshan are in China

In the DR Congo, Zijin runs the Kolwezi copper-cobalt mine (67%) and holds a stake in Kamoa-Kakula, which Ivanhoe Mines operates. Kamoa is the weak spot of 2026. A seismic event in May 2025 caused flooding and closed part of the Kakula underground workings, and output is still ramping up after the restart. Zijin’s interim report says the mine flooding incident forced it to cut the Kamoa-Kakula production plan from 380,000-420,000 tonnes to 290,000-330,000 tonnes. Ivanhoe’s own second-quarter 2026 results tightened its 2026 guidance to 290,000-310,000 tonnes and said production should be higher in the second half.

The effect shows in group numbers. Mined copper fell 5.7% to 534,407 tonnes, but excluding Kamoa it rose 4.8% to 480,032 tonnes. For context, USGS estimates 2025 world mine production at 23 million tonnes, with the Congo at 3.2 million and China at 1.8 million, so Zijin’s 2025 output of 1.09 million tonnes is about 4.7% of the world total on the same rough basis.

How Zijin built its overseas portfolio: the deals

Most of the overseas gold output came from purchases in the last few years. These are the deals with dates and sources.

• Čukaru Peki, Serbia: Zijin took 100% through two transactions in 2018 and 2019 (Zijin).
• Akyem, Ghana: Newmont announced the sale for up to US$1 billion in cash in October 2024, with US$900 million at closing (Newmont, SEC filing). Zijin said the deal closed on 16 April 2025 (Ghana News Agency). The mine produced 6.4 tonnes of gold in 2024, down from 13.1 tonnes in 2022.
• Raygorodok, Kazakhstan: bought during 2025, and the Zijin Gold IPO proceeds were partly set aside to pay for it (Conyers).
• Allied Gold, Canada and Africa: in January 2026 Zijin Gold International agreed to buy Allied Gold for C$5.5 billion (US$4.01 billion). The two sides ended the agreement because the closing conditions were unlikely to be met by the 29 July 2026 deadline. Zijin Gold instead bought about 12.8 million Allied shares at C$32.55, roughly 9.2% of Allied, and the interim report confirms that subscription is complete (Mining Technology).

The Allied episode is a useful reminder that large cross-border deals can fail. Even a signed agreement is not a mine in the portfolio until it closes.

▶ Explains what mining contributes to economies and why energy-transition minerals are in demand. · 5:03

Zijin Mining stock: listings, codes and listed subsidiaries

These are the listing facts, not a view on any share.

Zijin Gold International listed on the Hong Kong main board in September 2025 and raised HK$24.98 billion (US$3.21 billion), which its lawyers describe as the largest IPO to date in the gold mining sector. Its interim results show net profit of US$1.451 billion for the half-year, up 179%. The iShares MSCI Global Metals & Mining Producers ETF holdings list shows the parent as HKG:2899 (StockAnalysis).

When you read a Zijin filing, watch the currency. The parent reports in renminbi (RMB), Zijin Gold reports in US dollars, and the H shares trade in Hong Kong dollars.

Zijin’s recent results and output targets

For the six months to 30 June 2026, Zijin reported operating income of RMB 194.178 billion, up 15.78%, and net profit attributable to owners of RMB 39.170 billion, up 68.17%. The board approved an interim dividend of RMB 4.20 per 10 shares. Mined gold rose 13.4% to 46,702 kg, and mined lithium carbonate equivalent rose to 43,596 tonnes from 7,315 tonnes a year earlier.

Chart

Zijin income and profit, first half of 2025 vs 2026

RMB billion; profit is attributable to owners of the listed company

Full-year 2025 gave operating revenue of RMB 349.079 billion and net profit of RMB 51.777 billion, up 61.55% (Mysteel, March 2026). Output that year was 90 tonnes of gold, 1.09 million tonnes of copper and 25,500 tonnes of lithium carbonate equivalent. The company’s 2026 targets, as reported in March, were 105 tonnes of gold, 1.2 million tonnes of copper and 120,000 tonnes of lithium carbonate equivalent. The interim report says the Kamoa cut and maintenance stoppages at some Chinese mines put pressure on the copper target.

What happened to Prime Mining stock

The old version of this page called Prime Mining a separate growth stock with the codes PRYM.V and PRMNF. Both are out of date. Torex Gold Resources (TSX: TXG; OTCQX: TORXF) completed its acquisition of Prime Mining Corp. on 22 October 2025, and Prime’s shares were due to be delisted from the Toronto exchange and to stop trading on OTCQX and Frankfurt within two to three business days (Torex release, 22 October 2025). There is no Prime Mining stock to buy now.

Prime’s main asset, the Los Reyes gold-silver project in Sinaloa, Mexico, now belongs to Torex. At the time of the deal it carried Indicated resources of about 1.5 million ounces of gold and 54.0 million ounces of silver, plus Inferred resources of 538,000 ounces of gold and 21.6 million ounces of silver. Torex then published a preliminary economic assessment (PEA) on 7 July 2026. A PEA is an early study that may include Inferred resources and cannot support reserves.

Source for the table: Torex Gold release on the Los Reyes PEA. Torex notes there is no certainty the results will be realised.

How Zijin compares with other large gold and copper producers

The old page compared Zijin with Barrick and Freeport-McMoRan using price ranges and growth percentages that no source supported. We removed those. What can be stated with sources is who produces what. By 2025 gold output, MINING.COM’s ranking runs Newmont (NYSE, ASX: NEM), Agnico Eagle Mines (NYSE, TSX: AEM), Barrick Mining (TSX: ABX; NYSE: B) and Zijin. Barrick’s output fell sharply in 2025 after it suspended its Loulo-Gounkoto complex in Mali in January and resumed in December. Freeport-McMoRan (NYSE: FCX) produced about 1 million ounces of gold at Grasberg in Indonesia.

Barrick’s New York code is B, as MINING.COM lists it, not the GOLD code the old table used. Check any ticker against the exchange before you rely on a list from an older page.

The gold and copper markets also move on demand. The World Gold Council put second-quarter 2026 global mine supply at about 966 tonnes, up 2% on the year (World Gold Council, Q2 2026). A miner with more mines in more countries spreads operating risk, but adds political and currency risk.

Work out Zijin’s share of one mine

Use this calculator to turn any mine’s full output into the attributable share and a gold value, using your own numbers. The defaults are Akyem’s half-year figures from the table above.

What to check in a miner’s filings

1. Attributable or full output. Look for both. A 58.97% owner like Zijin at Buriticá reports 4,207 kg but owns the economics of only 2,481 kg.
2. Grade and cost. Grade is the amount of metal per tonne of ore, in grams per tonne (g/t) for gold. All-in sustaining cost (AISC) is the cost per ounce including mine upkeep. Both are in annual reports and show whether output rises for good reasons.
3. Resources and reserves. Reserves are the part of a deposit that can be mined at a profit under a study; resources are less certain. A PEA like Los Reyes uses both and carries more uncertainty than a feasibility study.
4. Where the mine sits. Mali, Congo and other jurisdictions have changed rules or halted sites. Barrick’s Mali suspension is a case in point.
5. Listing and currency. The same company can trade in several places and currencies, as Zijin does.
6. Deal status. Treat announced acquisitions as pending until the closing notice, as the Allied Gold case shows.

For listing venues, our guide to Vancouver mining companies versus Toronto listings explains where many juniors raise money, and our notes on mineral exploration spending in Canada show how much the sector spends before a mine exists.

Where satellite data fits

Before a company drills, it needs to decide where. Satellite imagery can screen a licence area for alteration and structure to produce exploration targets that sit ahead of any resource estimate. Farmonaut’s satellite mineral detection service does this for licence owners, consultants and investors who want to see a project area from space. You can ask for a quote through the mining query form or the contact page.

▶ A plain explanation of remote sensing for mining and the instrument types behind satellite maps. · 2:01

Frequently asked questions

Where does Zijin Mining operate overseas?

The interim report names overseas gold mines in Colombia, Ghana, Suriname, Australia, Kazakhstan, Tajikistan, Serbia and Guyana, and overseas copper mines in Serbia and the DR Congo. It also holds interests in lithium projects in Argentina and elsewhere.

What are Zijin Mining’s stock codes?

The H shares trade in Hong Kong under 2899, and the company also has A shares on the mainland. Its listed gold subsidiary, Zijin Gold International, trades in Hong Kong under 2259.

How much gold does Zijin Mining produce?

Zijin produced 90 tonnes of mined gold in 2025 and 46,702 kg in the first half of 2026, according to its filings. It set a 2026 target of 105 tonnes.

Is Zijin Mining the biggest gold miner in the world?

It depends on the ranking. Zijin says it is first among global gold enterprises on the 2026 Forbes Global 2000 list, while MINING.COM ranks it fourth by 2025 gold output behind Newmont, Agnico Eagle and Barrick.

What is Zijin’s biggest overseas mine?

By full mine output in the first half of 2026, Buriticá in Colombia is the largest overseas gold mine at 4,207 kg and Čukaru Peki in Serbia is the largest overseas copper mine at 85,155 tonnes.

Did Zijin buy Allied Gold?

No. The C$5.5 billion agreement from January 2026 was terminated because its closing conditions were unlikely to be met by the 29 July 2026 deadline. Zijin Gold instead holds about 9.2% of Allied through a share subscription.

Is Prime Mining still listed?

No. Torex Gold completed its acquisition of Prime Mining on 22 October 2025, and Prime’s shares were delisted. Its Los Reyes project is now a Torex project.

What is Los Reyes worth according to its study?

Torex’s preliminary economic assessment shows an after-tax NPV of US$1,491 million at US$3,600/oz gold. It is a preliminary study that includes Inferred resources, so it carries high uncertainty.

What happened at Kamoa-Kakula?

A seismic event in May 2025 caused flooding at the Kakula mine and closed part of the underground workings, which cut output. Zijin lowered its Kamoa production plan to 290,000-330,000 tonnes, and Ivanhoe tightened its 2026 guidance to 290,000-310,000 tonnes.

Is this investment advice?

No. This page lists facts from company filings and news releases. It does not say whether any share is a good or bad purchase. Read the filings and speak to a licensed adviser.