CHINFMINING's Qianbixi Southeast Mine temporarily suspends production, copper production guidance lowered by 20,000 tons

CHINFMINING announced that its subsidiary, China Nonferrous Africa Mining, has completed all repair work on the auxiliary shaft of the Qianbixi Southeast ore body, which has been under remediation since September of this year, and is currently implementing repairs on the main shaft. It is expected that all repair work will be completed by mid-December this year, during which the Qianbixi Southeast ore body will temporarily suspend production. Therefore, the company has adjusted its production plan for the entire year of 2025, reducing the copper output from its own mines from 160,000 tons to 140,000 tons

CHINFMINING appoints Chen Zhijiang as a non-executive director

Zhitong Finance APP news, CHINFMINING announced that Mr. Tan Yaoyu has resigned as a non-executive director and a member of the audit committee of the board of directors due to other business commitments, effective October 28, 2025. The board is pleased to announce the appointment of Mr. Chen Zhijiang as a non-executive director and a member of the audit committee, effective from October 28, 2025

Understanding the Market | CHINFMINING rose over 3%, estimated that the profit attributable to the company's owners in the first three quarters increased by approximately 13% year-on-year

CHINFMINING's stock price rose by more than 3%, with an increase of 3.12% as of the time of publication, trading at HKD 14.53, with a transaction volume of HKD 136 million. The company expects to achieve a profit attributable to owners of approximately USD 356 million for the nine months ending September 30, 2025, representing a year-on-year increase of about 13%. This is mainly driven by the rise in international copper prices and an increase in the production and sales volume of cathode copper

Hong Kong copper stocks have risen significantly, with China Daye Nonferrous Metals leading the way with an increase of over 14%, China Nonferrous Mining up 5.3%, Jiangxi Copper and MMG up 4%, China Gold International up 2.5%, and CMRU up 1.2%

CHINFMINING estimates that the profit attributable to the company's owners for the first three quarters is approximately USD 356 million, a year-on-year increase of about 13%

CHINFMINING expects that for the first three quarters ending September 30, 2025, the profit attributable to the company's owners will be approximately USD 356 million, a year-on-year increase of about 13%. This is mainly driven by the rise in international copper prices and the increase in the production and sales volume of cathode copper. The group has produced approximately 107,700 tons of cathode copper, a year-on-year increase of about 12%; approximately 307,600 tons of crude copper and anode copper, a year-on-year increase of about 7%; approximately 788,300 tons of sulfuric acid, a year-on-year increase of about 2%; approximately 676 tons of cobalt contained in cobalt hydroxide, a year-on-year decrease of about 12%; and approximately 1,442 tons of liquid sulfur dioxide, a year-on-year decrease of about 90%