I rate Zijin Mining Group a Buy, considering the planned spin-off of its international gold assets, which should unlock significant hidden value. Zijin Gold International's listing could fetch a rich valuation, and help to correct the mis-pricing of its parent's shares. The company is well-positioned for value-accretive M&A, with its reasonably low leverage and a disciplined investment approach.
(Kitco News) - Zijin Mining, one of the world's fastest-growing mining companies, is accelerating its global expansion with ambitious plans to boost copper, gold, and lithium production over the next five years.
| Metals & Mining Industry | Materials Sector | Mr. Jinghe Chen CEO | OTC PINK Exchange | CNE100000502 ISIN |
| CN Country | 55,690 Employees | 21 May 2025 Last Dividend | 13 Jun 2011 Last Split | - IPO Date |
Zijin Mining Group Company Limited, initially founded as Fujian Zijin Mining Industry Company Limited in 1986, is a comprehensive mining entity engaged in the exploration, mining, processing, refining, and selling of gold, non-ferrous metals, and various other mineral resources both domestically within Mainland China and on an international scale. Having undergone a name change in June 2004, the company now operates globally, with a diversified portfolio that extends into environmental protection, trading, and other sectors. Its headquarters are situated in Longyan, The People's Republic of China, marking it as a pivotal player in the global mining and mineral processing industry.