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Zijin reports FY'18 production guidance

Zijin Mining Group Co. Ltd. on Feb. 7 outlined its production plans for 2018.

The Chinese company is targeting mine production of 37 tonnes of gold, 244,000 tonnes of copper, 274,100 tonnes of zinc and 37,600 tonnes of lead.

The company will also produce 213 tonnes silver and 2.6 million tonnes of iron concentrate.

In the first nine months of 2017, Zijin's mine-produced gold output totaled 28,287 kilograms, silver production stood at 178,980 kilograms and copper output came in at 313,469 tonnes.

In January, Zijin projected an 85% to 95% surge in its 2017 attributable net profit from earnings in 2016.