According to Macquarie's report, Kamoa-Kakula, a key copper project under Zijin Mining, has updated the 2026 and 2027 copper production guidelines, adjusted to 380,000 to 420,000 metric tons and 500,000 to 540,000 metric tons, respectively, eliminating production concerns caused by earlier interruptions in operations. The bank raised its gold price forecast for 2025 to 2027 by 2%, 22% and 35%, respectively, and the copper price forecast to increase by 2%, 13% and 0%, respectively. The bank raised Zijin Mining's profit forecast for the same period by 20%, 61% and 35% respectively, and raised the target price by 75% to HK$40, which is equivalent to predicting next year's price-earnings ratio 9.6 times, maintaining a “outperforming the market” rating.

According to Macquarie's report, Kamoa-Kakula, a key copper project under Zijin Mining, has updated the 2026 and 2027 copper production guidelines, adjusted to 380,000 to 420,000 metric tons and 500,000 to 540,000 metric tons, respectively, eliminating production concerns caused by earlier interruptions in operations. The bank raised its gold price forecast for 2025 to 2027 by 2%, 22% and 35%, respectively, and the copper price forecast to increase by 2%, 13% and 0%, respectively. The bank raised Zijin Mining's profit forecast for the same period by 20%, 61% and 35% respectively, and raised the target price by 75% to HK$40, which is equivalent to predicting next year's price-earnings ratio 9.6 times, maintaining a “outperforming the market” rating.